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Monday, June 06, 2005

The High Cost of Prohibition

AlterNet: DrugReporter: The High Cost of Prohibition: "This week, over 500 leading economists, led by conservative icon Dr. Milton Friedman, called for a national debate about whether prohibition of marijuana is worth the cost. The occasion was a new report by Harvard University economist Dr. Jeffrey Miron estimating - - probably conservatively -- that replacing prohibition with a system of common-sense regulation could mean $10 billion to $14 billion per year in reduced government spending and new revenues."