The Economic Consequences of America’s Morality Police

There is a price to be paid for morality. Laws prohibiting alcohol, marijuana, same-sex marriages and gambling which promote community morals and standards also have another effect — a major loss of revenue from sales and taxes.

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The Economic Consequences of America's Morality Police

Written by Jeff Springer

Jeff Spring is the Finance & Markets Editor at He's currently spending his days backpacking across Europe. While he may be living outside of the United States, he stays connected to American financial markets and M&A's more than is probably healthy for any single person. His love of a good book and a Bloomberg terminal can't be understated.