Rethinking America's Illegal Drug Policy
This paper provides a critical review of the empirical and theoretical literatures on illegal drug policy, including cross-country comparisons, in order to evaluate three drug policy regimes: criminalization, legalization and "depenalization." Drawing on the experiences of various states, as well as countries such as Portugal and the Netherlands, the paper attempts to identify cost-minimizing policies for marijuana and cocaine by assessing the differing ways in which the various drug regimes would likely change the magnitude and composition of the social costs of each drug. The paper updates and evaluates Jeffrey Miron's 1999 national time series analysis of drug prohibition spending and the homicide rate, which underscores the lack of a solid empirical base for assessing the theoretically anticipated crime drop that would come from drug legalization. Nonetheless, the authors conclude that given the number of arrests for marijuana possession, and the costs of incarceration and crime systemic to cocaine criminalization, the current regime is unlikely to be cost-minimizing for either marijuana or cocaine.
|Date of creation:||Feb 2011|
|Publication status:||published as Rethinking America's Illegal Drug Policy , John J. Donohue III, Benjamin Ewing, David Pelopquin. in Controlling Crime: Strategies and Tradeoffs , Cook, Ludwig, and McCrary. 2011|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
Web page: http://www.nber.org
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- Angela K. Dills & Jeffrey A. Miron & Garrett Summers, 2008.
"What Do Economists Know About Crime?,"
NBER Working Papers
13759, National Bureau of Economic Research, Inc.
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- Douglas Eckberg, 1995. "Estimates of early twentieth-century U.S. homicide rates: An econometric forecasting approach," Demography, Springer;Population Association of America (PAA), vol. 32(1), pages 1-16, February.
- Louis Kaplow, 2004. "On the (Ir)Relevance of Distribution and Labor Supply Distortion to Government Policy," Journal of Economic Perspectives, American Economic Association, vol. 18(4), pages 159-175, Fall.
- Rosalie Liccardo Pacula & Beau Kilmer, 2003. "Marijuana and Crime: Is there a Connection Beyond Prohibition?," NBER Working Papers 10046, National Bureau of Economic Research, Inc.
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