Content area

Abstract

Title II, the Controlled Substances Act (CSA), of the Comprehensive Drug Abuse Prevention and Control Act of 1970 (CDAPCA) created the present system of drug scheduling and regulation. This paper illustrates how the CSA created the incentives for induced 'malnovation' (innovation intended to circumvent legislation, and thus foil policymakers' intended ends) into drug markets, namely "designer drugs." As a result of this induced malnovation, drug markets have not only increased in the variance of products available that are often sold under similar street names, but there is also a tendency towards creating more dangerous drugs in an attempt to stay outside of the regulation.

Details

Title
Don't eat the brown acid: Induced 'malnovation' in drug markets
Author
Redford, Audrey 1 

 Department of Agricultural & Applied Economics, Texas Tech University, Box 45059, Lubbock, TX, USA 
Pages
215-233
Publication year
2017
Publication date
Jun 2017
Publisher
Springer Nature B.V.
ISSN
08893047
e-ISSN
15737128
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1899694823
Copyright
The Review of Austrian Economics is a copyright of Springer, 2017.