Prohibition versus Legalization
Do Economists Reach a Conclusion on Drug Policy?
By Mark Thornton
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.
|Other Independent Review articles by Mark Thornton|
|Spring 2014||Smuggler Nation:How Illicit Trade Made America|
|Spring 2013||American Nightmare:How Government Undermines the Dream of Homeownership|
|Summer 2010||Modernizing a Slave Economy:The Economic Vision of the Confederate Nation|
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