Tuesday, May 29, 2012

Drug Prohibition Holds Hidden Dangers, Warns Harvard Economist

By Gabriella Landeros

Jeffrey Miron, Harvard University’s Department of Economics Undergraduate Studies Director, told the National Economists Club Thursday that drug prohibition is likely causing more harm than good.

“Opponents of drug prohibition would argue that it actually increases crime and corruption, rather than reducing crime, that it reduces the health and productivity of drug users, rather than making people who use drugs better off, and it has a bunch of other side effects unintended for consequences,” Miron said.

“In an underground market, people can’t resolve their disputes with courts, lawyers, ballot initiatives, and so on. They are likely to resort to violence instead, that’s the obvious substitute for non-violent dispute resolution mechanisms,” added Miron.

Having to find other sources for income, such as theft or prostitution, increases overall, Miron noted, pointing out that prohibition also reduces quality control.

Read the original article on the Talk Radio News Service site.

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