The Unintended Consequences of Drug Prohibition (with Jeff Miron)

As more states aim to legalize marijuana, whether it be for recreation or medicinal purposes, there is an on-going talk debate about if public policy should determine what pleasures are okay to indulge in and which ones are not. Jeff Miron joins us today to discuss drug prohibition actually hurts the naive drug user the most. Are drugs an economic good? What is the economic logic of prohibition? How much does drug prohibition cost? Did alcohol use go down during prohibition? Are drug companies trying to make their products more addictive in order to drive revenue?Further Reading:The Budgetary Effects of Ending Drug Prohibition, written by Jeffrey MironData Confirm That Marijuana Decriminalization is Long Overdue, written by Jeffrey Miron and Sietse GoffardRelated Content:Is the DEA Trippin’?, with Rick Doblin, Free Thoughts PodcastHow Drug Prohibition Caused the Opioid Crisis, Free Thoughts PodcastThe Case for Legalizing Hard Drugs, written by Jarrett Wollstein Hosted on Acast. See acast.com/privacy for more information.