Sunday, October 11, 2015
Costs of our War on Drugs
There are
numerous economic and social impacts of the criminalization of drugs.
Prohibition increases crime (theft, violence, corruption) and drug price and
increases potency. In many developing countries the production of
drugs offers a way to escape poverty. Milton Friedman estimated that over 10,000 deaths a year in the
US were caused by the criminalization of drugs, and if drugs were to be made
legal innocent victims such as those shot down in drive by shootings, would
cease or decrease. The economic inefficiency and ineffectiveness of such
government intervention in preventing drug trade has been generally acknowledged since at least 1981. The War on Drugs of the United States, that provoked legislation
within several other Western governments, has also garnered criticism for these
reasons.
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