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Legalization will move the marijuana industry above ground, just as the repeal of alcohol prohibition restored the legal alcohol industry. A small component of the marijuana market might remain illicit—moonshine marijuana rather than moonshine whiskey—but if regulation and taxation are moderate, most producers and...

Author: By Jeffrey A. Miron | Title: Marijuana Legalization in California | 5/27/2010 | See Source »

Legalization will not, of course, eliminate all negatives of marijuana use. But just as the harms of alcohol prohibition were worse than the harms of alcohol itself, the adverse effects of marijuana prohibition are worse than the unwanted consequences of marijuana use. Legalization is therefore the better policy.

Author: By Jeffrey A. Miron | Title: Marijuana Legalization in California | 5/27/2010 | See Source »

The ideal way to legalize marijuana is for the federal government to end its ban, while allowing each state to regulate and tax marijuana as it sees fit. This would circumvent the complicated constitutional issues that will arise if the California initiative passes, as federal law would still prohibit marijuana...

Author: By Jeffrey A. Miron | Title: Marijuana Legalization in California | 5/27/2010 | See Source »

But California’s initiative is nevertheless a valuable step, since the federal government is not yet ready to legalize. The California bill brings attention to the issue and, if adopted, will encourage other states and the federal government to follow suit.

Author: By Jeffrey A. Miron | Title: Marijuana Legalization in California | 5/27/2010 | See Source »

With his collegiate career behind him, Lin now looks to start anew in the NBA. After earning an invitation to the Portsmouth Invitational last month, Lin continues ongoing training in Las Vegas, Nev. in preparation for a professional career. Although impressive, it will take more than Lin’s...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: MALE ATHLETE OF THE YEAR RUNNER-UP: Lin Gains National Respect in Storied Career | 5/27/2010 | See Source »

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