The Economics of Drug Prohibition and Drug Legalization

The presumed justification for the special legal treatment of drugs is that drug use causes substantial harm both to drug users and to society generally. The prohibition of drugs is assumed necessary to reduce the consumption of drugs and thereby reduce the ills caused by drug consumption. Miron explains that many of the harms typically attributed to drug use are instead due to drug prohibition.

Jeffrey Miron
Published in: Social Research [Internet]
2001 3 (68) Pages 835 - 855