Freakonomics Radio

459. Let’s Be Blunt: Marijuana Is a Boon for Older Workers

Apr 22, 2021
Catherine McLean, an economist at Temple University, dives into the effects of marijuana legalization on older workers. She discusses how marijuana could improve health and productivity, potentially easing barriers in workers' compensation claims. The conversation compares marijuana to alcohol, questioning societal perceptions and regulatory impacts. McLean also examines the economic benefits seen in states like Colorado and the implications for health management among older adults, urging a nuanced view of legalization.
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INSIGHT

Marijuana's Mixed Effects

  • Research on marijuana's effects is mixed, showing links to cognitive impairment but also pain and aggression reduction.
  • More research is needed to fully understand marijuana's impact.
INSIGHT

Marijuana Research Challenges

  • Marijuana's Schedule 1 status makes government-funded randomized controlled trials difficult.
  • The authorized research marijuana is less potent than what consumers use.
INSIGHT

Focus on Older Adults

  • Older adults are more likely to have conditions treatable with medical marijuana and to leave work due to poor health.
  • Researchers studied if marijuana could keep older adults working longer.
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