How much cannatax could be collected in a legal, regulated society? Lots, like $75 billion. And that’s just the USA’s share, in the the overground poteconomy’s infancy. Harvard’s enigmatic Dr. Jeffrey Miron, oft-quoted pot pontificator, greatly doubts it. Other poteconomists doubt him. Finally, the real lowdown.
Recent Brown economics major Max Chaiken’s senior thesis, The Other Green Economy, contributes vision, open-mindedness, and compulsion to the pastime of seeking cannatax. It predicts a whopping $212 billion’s worth, which ruffles the feathers of more experienced economists.
Harvard professor Jeff Miron is the media’s go-to guy for cannatax quotes. The Miron Report is the mother of all poteconomics papers. Curiously, the author remains entirely detached from his subject. For Miron, weed is “just another boring agricultural thing.” He defends his conservative estimate like it’s the Alamo. Then why do we like him so much?