To date, four states have legalized recreational marijuana, 23 states allow it for medical purposes and at least another five are expected to pass marijuana-related legislation this year. Meanwhile, heroin addiction and abuse of prescription painkillers are becoming a national epidemic. We have a checkered past where drug usage is concerned. Brian, Ed and Peter start this episode by looking at the 19th century, when opium and cocaine were legal. Along the way, we’ll explore the influence of the medical establishment, as well as the role of drugs in popular culture.
Paul Vigna, Stephen Grocer, John Carney and David Benoit talk the odds of a Fed interest rate hike in December. Plus, a look at the fate of Valeant Pharmaceticals after its CEO is forced to sell a huge block of his stock.