Tag: regulation
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Prohibition versus Legalization
Saturday, 01 December 2007Economists 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 ec ...
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The Market for Illegal Goods: The Case of Drugs
Saturday, 01 October 2005This paper considers the costs of reducing consumption of a good by making its production illegal, and punishing apprehended illegal producers. We use illegal drugs as a prominent example. Download t ...
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Evaluating alternative cannabis regimes
Wednesday, 31 January 2001Cannabis is the cutting-edge drug for reform, the only politically plausible candidate for major legal change, at least decriminalisation (removal of criminal penalties for possession) and pe ...
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The Dutch example shows that liberal drug laws can be beneficial
Tuesday, 01 February 2000U.S. drug control officials have denounced Dutch drug policy as if it were the devil himself. One former U.S. Drug Czar said "you can't walk down the street in Amsterdam without tripping over junkies ...
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