Illegal drug use and public policy.

Health Aff (Millwood)

City University of New York Graduate Center, Health Economics Program, USA.

Published: March 2002

The period from the 1980s to the present has witnessed a lively and unsettled debate concerning the legalization of marijuana, cocaine, heroin, and other illicit substances in the United States. Proponents of legalization argue that the demand for these harmful and potentially addictive substances is not responsive to price. Opponents argue that prices will fall tremendously in a regime characterized by legalization and that the option of legalization and taxation is not feasible. In this paper we summarize theoretical and empirical evidence suggesting that none of these propositions is correct.

Download full-text PDF

Source
http://dx.doi.org/10.1377/hlthaff.21.2.134DOI Listing

Publication Analysis

Top Keywords

illegal drug
4
drug public
4
public policy
4
policy period
4
period 1980s
4
1980s witnessed
4
witnessed lively
4
lively unsettled
4
unsettled debate
4
debate concerning
4

Similar Publications

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!