Prohibition versus Legalization: Do Economists Reach a Conclusion on Drug Policy?
By Mark Thornton
This article appeared in the Winter 2007 issue of The Independent Review

Economists have been among the leading critics of current drug policies, but this criticism does not mean they have reached a consensus about specific reforms. Although drug-policy researchers and economists in general seem opposed to prohibition, they are timid in their advocacy of decriminalization and even less supportive of legalization.

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