In the News
De-Merit Goods - Banning Legal Highs
Geoff Riley
30th May 2015
The Conservative government has announced plans to legislate to ban legal highs in the UK. BBC news reports that draft laws will prohibit the substances' production, distribution, sale and supply.
- Economics
- Blog
- In the News
- Information Failure
- Market Failure
- Government Failure
- Negative externalities
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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