Oh, the things people will do when they are horny

In high school, I read a book on behavioral economics called Predictably Irrational. It’s by a pretty popular figure within behavioral economics named Dan Ariely[W]. I liked the book a lot. He basically goes through a few different studies he’s done over time and shows how humans behave under different circumstances, as well as various things companies could create to help calm irrational people down.

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Does Cannabis Legalization Decrease Productivity?

One particular concern with cannabis legalization or drug legalization in general is that it may reduce the amount of productivity. The classic story goes like this: people use drugs, particularly cannabis which has more sedative effects than the other drugs up for consideration, and they become addicted to them, become lazier, somtimes leaving their jobs, going on welfare, etc. and getting sucked into a life of drugs. Perhaps this is a more extreme version of the argument. If so, I am also disagreeing with the moderate version. Anyways, does it hold up?

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