Harry Clarke, the only economist in the country who consistently blogs on drugs (sorry Harry, couldn’t resist) posts on Australian drug use trends. It’s a fascinating read. Frankly, I’m a little surprised that usage of most drugs seems to be falling. Despite rising incomes and (in most cases) declining drug prices, consumption is falling. PerhapsÂ those information/scare campaigns actually work after all?
[I suggested in an earlier draft of this post that we should credit law enforcement; but as commenter Andrew pointed out, this isn't consistent with falling prices.]