This paper provides the first long-run assessment of adolescent binge drinking on later- life health and labor market outcomes. Our analysis exploits cross-state variation in the rollout of "Zero Tolerance" (ZT) Laws, which set strict alcohol limits for drivers under age 21 and led to sharp...

Booze, dope, smokes, and weed. Mind-altering, mood-changing substances have been part of human society for millennia. Pleasure and Panic reveals how attitudes toward drug and alcohol consumption have always been deeply embedded in cultural fears and social, political, and economic disparities....