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Within a few years, HIV transmission rates via syringes — one the biggest arguments for decriminalization — had plummeted. From 2000 to 2008, prison populations fell by 16.5 percent. Overdose rates dropped as public funds flowed from jails to rehabilitation. There was no evidence of a feared surge in use.

Once Hailed for Decriminalizing Drugs, Portugal Is Now Having Doubts

Anthony Faiola and Catarina Fernandes Martins

To be sure, there must be limits to what venture capital can and should fund, and safeguards must be put in place to protect the public interest and avoid negative externalities from investments that fail. Nevertheless, there are at least two ways venture capital can improve urban governance: direct participation and venture-inspired approaches.

What Cities Can Learn From Venture Capital

bloomberg.com

You’re probably familiar with the placebo effect, but the opposite (called the nocebo effect) is equally real and powerful. For example, if you believe a sugar pill will make you sick, you’ll probably get sick. Applied to human relations, there is ample evidence that our negative expectations of others have a strong negative impact on their behavior or performance.

No Bad Parts

Richard C. Schwartz and Alanis Morissette

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