FE486A: LAW AND ECONOMICS
Spring 2015
Professor Schmitt
Writing Homework 9 – due 17 April
This assignment should be approximately 1 typed page in length. After reading Chapter
12 and the article “Legalize it – The economic argument” by by Ranjit Dighe, Huffington
Post 1/30/2014 found on my website
(http://www.usna.edu/Users/econ/pschmitt/FE486A/2015/readings.htm ), please write a
commentary that addresses each of the following:
1) What are the costs of legalizing marijuana according to the author?
2) What are the benefits of legalizing marijuana according to the author?
3) Is there an inefficiency or efficiency with legalize drugs?