Marijuana could be legal post-recession

By Staff | December 3, 2013 | Last updated on December 3, 2013
1 min read

People may soon be using drugs such as marijuana as casually as alcohol, a U.S.-based researcher recently told

That’s because the Socionomics Institute has discovered a “correlation between increased marijuana legalization in the U.S. and the pessimistic, post-recession national mood.” The institution has found, added the researcher, that “in a positive-mood trend, people think they can fix society. One way to do that, they believe, is to remove perceived social ills such as recreational drug use. [But when]…people are less optimistic about the future and their ability to improve it, they start questioning the high financial, social, human, and political costs of prohibition.”

Read more on how that theory connects to recreational drug laws.

Also check out:

Get ready for Fed taper time

Too much regulation stifles growth, says Scotiabank

Post-recession regulations failing to mitigate risk staff


The staff of have been covering news for financial advisors since 1998.