Sunday, 19. November 2006
Topic: DRUGS - on November 19, 2006 at 5:59:00 PM CET
The Budgetary Implications of Marijuana Prohibition - Economists against prohibition
An Open Letter to the President, Congress, Governors, and State Legislatures
We, the undersigned, call your attention to the attached report by Professor Jeffrey A. Miron, The Budgetary Implications of Marijuana Prohibition. The report shows that marijuana legalization -- replacing prohibition with a system of taxation and regulation -- would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at least $2.4 billion annually if marijuana were taxed like most consumer goods. If, however, marijuana were taxed similarly to alcohol or tobacco, it might generate as much as $6.2 billion annually.
Milton Friedman: interviewed on America's Drug Forum
World Prison Population List [.pdf]
The History of the Non-Medical Use of Drugs in the United States
The Top 10 Things I Know About Drugs
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