The economic case against drug prohibition
Article Abstract:
Drug use has resulted in social and personal degeneration. Diminished health, reduced earnings and moral degradation are some of the things drug users suffer from. Illegal drugs promote crime, spread AIDS, worsen poverty, corrupt lawful authorities and wear away society's moral fabric. The costs and benefits of drug prohibition are considered. It is concluded that a free market policy for drugs is more superior than drug prohibition. The social costs of drug prohibition exceeds its benefits.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1995
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Benefit-cost in a Benevolent society
Article Abstract:
The usage of cost-benefit analysis for evaluating economic conditions on people in benevolent societies is discussed.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
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Point shaving: corruption in NCAA basketball
Article Abstract:
A study on gambling-related corruption in NCAA basketball with relation to forensic economics is presented.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
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