In regards to the criminalization of drugs, Nobel prize-winning economist Gary Becker suggested:
A) raising the capital gains tax to help provide more government resources for the war on drugs.
B) that the government should make drugs legal and then place a tax on drugs to control their usage.
C) subsidizing the consumption of illegal drugs in an effort to avoid deadweight losses.
D) All of the answers are correct.

Question

Quizplus · Accepted Answer

This option suggests that drugs should be made legal and then taxed, as this would allow the government to control their usage while also generating revenue from their sale. This approach is seen as a more effective and economically efficient alternative to criminalizing drugs, which has been shown to be costly and often ineffective.

In Regards to the Criminalization of Drugs, Nobel Prize-Winning Economist