Wednesday, August 18, 2010

Tipping Point

Reason Magazine is where I got the video. They have this to say:
Fichtner points out, three public policy trajectories converging. The medical marijuana movement is gaining momentum. People are increasingly wakening up to the fact that drug prohibition creates more public health problems than it solves. And, in the same way that the Great Depression caused people to reprioritize how we spend our public dollars, the current economic crisis has got people thinking that bringing the biggest cash crop in the US out into the open might not be such a bad idea.
Hard economic times are good for companies and governments. They force the rationalization of policies and expenditures. Alcohol was in part legalized because before prohibition the Federal Government got 1/3 of its revenue from taxing alcohol. The same dynamic (although not the scale) is at work with marijuana.

You can find the book mentioned in the video here:

Cannabinomics: The Marijuana Policy Tipping Point

Some other books on the subject:

Marijuana is Safer: So Why Are We Driving People to Drink?

Why Marijuana Should Be Legal

William F. Buckley Jr. "A Conservative Look at Marijuana"

And if you want to get in on the boom it might be good to learn a little horticulture:

Marijuana Horticulture: The Indoor/Outdoor Medical Grower's Bible

But get in early. Because like the microprocessor/personal computer industry eventually economies of scale are going to drive most small undercapitalized businesses out of the market. OTOH you might wind up being the Steve Jobs of the industry.

Cross Posted at Classical Values

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