The Economic Case against Drug Prohibition

@article{Miron1995TheEC,
  title={The Economic Case against Drug Prohibition},
  author={Jeffrey A. Miron and Jeffrey Zwiebel},
  journal={Journal of Economic Perspectives},
  year={1995},
  volume={9},
  pages={175-192}
}
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. 

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