Legalization of Marijuana and Economics Argumentative Essay by Nicky

Legalization of Marijuana and Economics
This paper discusses whether the U.S. government should legalize marijuana.
# 147416 | 4,068 words | 19 sources | APA | 2011 | US
Published on Mar 29, 2011 in Medical and Health (Drugs) , Law (General) , Political Science (General) , Hot Topics (General)

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In this article, the writer analyzes the potential economic impacts of legalizing marijuana. Further, the writer examines the impact of legalization in fourteen states in order to determine the 'value' of legalization of marijuana from an economic standpoint as opposed to a moral or ethical one. The writer points out that many critics argue that marijuana should be legalized because a great amount of revenue could be made from taxation of the plant. The writer also notes that others argue that marijuana should stay illegal because it is a gateway drug leading its users on a path of more hardcore drugs. The writer concludes that economically, the legalization of marijuana is supported from a research standpoint, but it remains a moral and ethical issue that may be too big to effectively tackle any time soon.

The Uniform State Narcotic Act
Marihuana Tax Act of 1937
Prohibition Era Vs. Current Marijuana Era
Repeal of Prohibition
State Decriminalization
Analysis of States
Criticisms of Decriminalization
Gateway Drug
Helping Terrorism
Mental Affects
Potential Economic Impacts
Federal Decriminalization
Marijuana and Crime

From the Paper:

"One of the main concerns of the war on drugs, however, does not deal with what politicians think about it. Rather, it deals with what police think about it. Police are, after all, the ones that are out there on the streets every day, trying to fight the war on drugs. They have limited resources and limited manpower, but they fight just the same. So is the war on drugs really working, and how is it impacting the bottom line of the economy?
"First, the war on drugs is not working as well as it could. Many studies show that drug use has not gone down significantly since this war was implemented 30 years ago, and even though politicians talk about taking a stand and fighting against drug abuse, very few of them do much about it once they are elected. It is important to note however, that many people seem to think that the war on drugs is really working because they see reports of drug busts on their local news or read about them in the paper. Many of these busts are for marijuana, which is generally thought of to be a gateway drug."

Sample of Sources Used:

  • Anslinger, H.J. & Tompkins, William F. n.d. "The traffic in narcotics." Drug Library. Retrieved from
  • Austin, James. 2005. "Rethinking the Consequences of Decriminalizing Marijuana." Washington, DC: The JFA Institute.
  • Brazaitis, Tom. 2002. "U.S. Should Concede Defeat in the War on Drugs." Media Awareness Project. Retrieved from
  • Clements, Kenneth, et al. 2005. "Two Short Papers on Marijuana, Legalisation and Drinking: (1) Exogeneous Shocks and Related Goods: Drinking and the Legalisation of Marijuana; and (2) Notes on Projections of Alcohol Consumption Following Marijuana Legalisation." Perth, Australia: The University of Western Australia Working Paper no. 05-14. Perth, Australia: The University of Western Australia, Department of Economics.
  • Dubner, Stephen. 2007. "On the Legalization -- or Not -- of Marijuana." Freakonomics Blog.

Cite this Argumentative Essay:

APA Format

Legalization of Marijuana and Economics (2011, March 29) Retrieved August 15, 2022, from

MLA Format

"Legalization of Marijuana and Economics" 29 March 2011. Web. 15 August. 2022. <>