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• Optimal government policy regarding a previously illegal commodity 

  Short- and long-run taxation and enforcement strategies for the government in an environment of legalized drug use are modeled using positive...

  Southern Economic Journal, 01/01/96 by Michael R. Caputo · More from publication

• Potential tax revenue from a regulated marijuana market: a meaningful revenue source 

  Dissatisfaction with current drug policy measures has led to a push for the regulation of drugs, especially marijuana. On the premise that such...

  American Journal of Economics and Sociology, The, 10/01/94 by Michael R. Caputo · More from publication