Ch. 6 Is it Time to Legalize Marijuana?

http://economics.about.com/od/incometaxestaxcuts/a/legalize_pot.htm

This very intriguing article was interesting to read. It is all about legalizing marijuana and the things that we need to do in order to legalize it. In the USA, Milton Friedman's economy book "Free to Choose" sparked a movement of over 500 economists to sign for benefits of legalizing marijuana. Most people nowadays wouldn’t sign this, but this letter addressing the benefits was signed by many notable professors from MIT, to University of Chicago. This project isn’t all that horrible because it could save lives. However, it would kill others, and make for more problems. This letter says how all the funding will be looked at and it closes on a serious note to urge the US president to openly debate this issue with its citizens and change the prohibition to provide for the greater part of America.

This article is related to chapter 6 because we learned about the effects of markets, multipliers, and GDP. This article talks about all of this with their proposal to legalize marijuana. I believe that if Canada legalizes marijuana a lot of things will happen and I think we will take this differently compared to America. In Canada the GDP would increase substantially, because we produce the most illegal drugs around. The main barrier before this idea is the moral perspective of Canada and the effects and pressure that our neighbors south (USA) have towards us.

I personally liked reading this article and I thought it was an article that most newspapers wouldn’t publish. I rarely get a chance to read articles that bring up very interesting new ideas like this one. Even though this article brought up some good points, overall, I still believe people who produce things like cigarettes and alcohol should really think about what they're doing to people.