“Recreational Cannabis Reduces Rapes and Thefts: Evidence from a Quasi-Experiment”
The title of this post is the title of this fascinating new study available via SSRN from a group of economists. Here is the abstract:
An argument against the legalization of the cannabis market is that such a policy would increase crime. Exploiting the recent staggered legalization enacted by the states of Washington (end of 2012) and Oregon (end of 2014) we show, combining difference-in-differences and spatial regression discontinuity designs, that recreational cannabis caused a significant reduction of rapes and thefts on the Washington side of the border in 2013-2014 relative to the Oregon side and relative to the pre-legalization years 2010-2012.