Prohibition versus Legalization

Do Economists Reach a Conclusion on Drug Policy?
Mark Thornton
The Independent Review
Winter 2007

publicationEconomists 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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