Reason Magazine has been against the “war on drugs” for decades. Here are many dozens of articles published by Reason regarding the insanity of the “war on drugs.” Citing to the New York Time, Reason gives the following evidence that the “war on drugs” is a failure:
Prices match supply with demand. If the supply of an illicit drug were to fall, say because the Drug Enforcement Administration stopped it from reaching the nation’s shores, we should expect its price to go up. That is not what happened with cocaine. Despite billions spent on measures from spraying coca fields high in the Andes to jailing local dealers in Miami or Washington, a gram of cocaine cost about 16 percent less last year than it did in 2001. The drop is similar for heroin and methamphetamine. The only drug that has not experienced a significant fall in price is marijuana . . .
Jeffrey Miron, an economist at Harvard who studies drug policy closely, has suggested that legalizing all illicit drugs would produce net benefits to the United States of some $65 billion a year, mostly by cutting public spending on enforcement as well as through reduced crime and corruption.
Category: Drug laws