Originally aired on 11/20/09 on FoxBusiness.com Live. Jeffrey A. Miron, Research Fellow at the Independent Institute and author of Drug War Crimes, argues in favor of legalizing marijuana and other drugs in the U.S.
Each year, the U.S. government spends over $30 billion on the drug war and arrests more than 1.5 million people on drug-related charges. Currently more than 318,000 people are behind bars in the U.S. for drug violationsmore than the number of people incarcer-ated for all crimes in the United Kingdom, France, Germany, Italy, and Spain combined. Have current drug laws deterred drug abuse and reduced crime? What are the real costs of this countrys war on drugs? Is there a link between the homicide rate and the amount of resources given to drug prohibition? Please join us as Boston University economist Jeffrey Miron (author of the major new book, Drug War Crimes) and former San Jose police chief, Joseph McNamara, examine these questions and explore real alternatives to Americas War on Drugs.
Jeffrey A. Miron
Boston University Professor of Economics and author of the new book, Drug War Crimes: The Consequences of Prohibition. His articles on Drug Policy have appeared in Social Research, Boston Globe and the London Observer. He received his Ph. D. in economics from the Massachusetts Institute of Technology.
Joseph D. McNamara
Research Fellow, Hoover Institution. Former Chief of Police, San Jose, CA and Kansas City, MO. He has published articles in the New York Times, the Los Angeles Times, the Wall Street Journal, the Washington Post, and other publications. He has been a commentator for NPR and has appeared on Meet the Press, Good Morning America, Sixty Minutes, and other programs.
Ethan A. Nadelmann
Founder and Executive Director of the Drug Policy Alliance, the leading organization in the United States promoting alternatives to the War on Drugs. Dr. Nadelmann received his Ph.D. and J.D. from Harvard University and a Masters degree in International Relations from the London School of Economics. His speaking and writings on drug policy have attracted international attention and appeared in Science, American Heritage, National Review, and others.
Why has Africa, despite its rich history, cultures, and abundant resources, largely remained in the grip of dictatorship, starvation, genocide and war? How can this tragic legacy of colonialism, socialism, and plutocracy be replaced with the welfare of economic liberalization, individual rights, and the Rule of Law? Based on his new book, "Africa in Chaos," award-winning economist George Ayittey will examine the record of American statism and the revolution for free-market societies.
George B. N. Ayittey
Professor of Economics, American University
Author, Africa in Chaos and Africa Betrayed
David J. Theroux
Founder and President, The Independent Institute