The Economic Case Against Drug Prohibition

The authors of this paper argue that drug prohibition incurs negative economic consequences

  1. la fee brune
    Study Author(s):
    Jeffrey A. Miron and Jeffrey Zwiebel
    Journal Name:
    The Journal of Economic Perspectives
    Publication Date:
    Vol. 9, No. 4 (Autumn, 1995)
    This paper discusses the costs and benefits of drug prohibition. It offers a detailed outline of the economic consequences of drug prohibition and a systematic analysis of the relevant empirical evidence. The bottom line is that a relatively free market in drugs is likely to be vastly superior to the current policy of prohibition.

Recent Reviews

  1. Reasonable
    Version: 1
    This study offers a sound proposal for a free market based on supporting evidence. Recommended reading.