Legalize Drugs Now!: An Analysis of the Benefits of Legalized Drugs

12 Pages Posted: 23 Sep 2000 Last revised: 21 Jul 2011

See all articles by Meaghan Cussen

Meaghan Cussen

Forrester Research

Walter E. Block

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

Date Written: July 19, 2011

Abstract

The legalization of drugs would prevent our civil liberties from being threatened any further: it would reduce crime rates, reverse the potency effect, improve the quality of life in the inner cities, prevent the spread of disease, save the taxpayer money, and generally benefit both individuals and the community as a whole. Our arguments are based on a basic appreciation of the benefits provided by voluntary exchange and the role markets play in coordinating human activities. Legalizing drugs would eliminate many inconsistencies, guarantee freedoms, and increase the effectiveness of society's anti-drug beliefs. The present war on drugs has not and will not produce a decisive victory. We advocate a new approach to this important social problem.

Suggested Citation

Cussen, Meaghan and Block, Walter E., Legalize Drugs Now!: An Analysis of the Benefits of Legalized Drugs (July 19, 2011). American Journal of Economics and Sociology, Vol. 59, No. 3, July 2000. Available at SSRN: https://ssrn.com/abstract=238542

Meaghan Cussen

Forrester Research ( email )

400 Technology Square
Cambridge, MA 02139
United States
617-613-6164 (Phone)
617-613-5164 (Fax)

Walter E. Block (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
Box 15, Miller 321
New Orleans, LA 70118
United States
(504) 864-7944 (Phone)
(504) 864-7970 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
604
Abstract Views
4,922
rank
43,207
PlumX Metrics