N Gregory Mankiw's Ten Principles of Economics

1312 Words Jan 7th, 2018 5 Pages
12, 2011 issue of Time Magazine's online "Healthland" series, Maia Szalavitz summarizes recent medical research on the analgesic effects of combining medical marijuana with oipiod painkillers (Szalavitz, 2011, n. pag.). Researchers found that use of the two drugs together had a beneficial pain-reducing effect that could reduce the risk of potentially deadly opiate overdose, which is a growing problem in the U. S., but because of legal restrictions, such use was prohibited, study was difficult, and doctors hesitated to prescribe due to possible criminal prosecution (Szalavitz, 2011, n. p.). The article discusses dynamic factors that illustrate most of N. Gregory Mankiw's "Ten Principles of Economics" (Nantz and Miners, 2007), which is important to me as the debate about U. S. marijuana decriminalization unfolds over states that have and those that have not repealed prohibition. All future voters and health care consumers have a responsibility to educate themselves on this debate and Prof. Mankiw's framework provides an organized structure with which to consider the effects of an issue that becomes more prominent and contentious every day (McKinley, 2012, e.g.). Szalavitz (2011) describes findings that the combined effects of taking marijuana with opioids reduces the need for drugs that carry both tolerance formation with increased use, and the potential for deadly overdose. What this suggests in Mankiw's terms is Principle 3, where "people make choices at the…
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