Year: 1995
Type: article
Abstract: 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.
DOI: 10.1257/jep.9.4.175
Authors: Jeffrey A Miron, Jeffrey Zwiebel
Institutions: Boston University, Stanford University
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W1965045666