The high cost of (not) stopping people getting high - NZIER Insight 61

24 August 2016

By Peter Wilson

In this Insight, we bring the techniques of policy analysis to the issue of whether prohibition is the best way to reduce harm from using marijuana.

Our conclusion is that a better way of lowering harmful marijuana use would be legalisation, combined with heavy taxation, regulation and education.

The result should be less use, considerable fiscal savings to the government and the removal of a valuable source of revenue for criminals.