The discussion over Scotland’s possible secession has often touched on the issue of regional net tax payments as a decisive issue in secession decisions. That is, if a region is a net tax-receiving region, then there is little incentive to secede, whereas, a net tax-payer region has significant incentive to secede.
A recent paper published in the prestigious Journal of Political Economy, “Crime and the Depenalization of Cannabis Possession: Evidence from a Policing Experiment,” reports on experimental policing in the city of London. In the experiment, police depenalized the possession of small quantities of cannabis in the London borough of Lambeth.
A couple of months ago I wrote about Mike Watts, the businessman who built a private toll road to replace a public road destroyed by a landslide.
