Yes, Artemisia Absinthium is the most known and probabily the safest. Has a "disputed" effect on the GABA receptors. However I would never suggest ingesting the plant unless exclusively prepared for such.

This is just a cheaper alternative way to using pestisides that are considered safe or letal to humans and animals. It seems to really work well. Even though I haven't budded any plant using this pest control method yet. Regardless it is a great cheap way to keep bugs at bay.