Excess drinking is associated with lost productivity, accidents, disability, early death, crime, neglect of family responsibilities, and personality deterioration. These and related concerns have justified special restrictions on alcoholic-beverage commerce and consumption. The nature and extent...

Reviews evidence that prices of alcohol affect usage and social costs of alcohol, with a focus on beer consumption by young people. New estimates confirm other studies that link availability to consumption, traffic fatalities, crime, and dropout rates.

What drug provides Americans with the greatest pleasure and the greatest pain? The answer, hands down, is alcohol. The pain comes not only from drunk driving and lost lives but also addiction, family strife, crime, violence, poor health, and squandered human potential. Young and old, drinkers...

In recent decades, explosive growth in the salaries of top earners, combined with income stagnation or decline for most others, has formed a renewed challenge to the claim that a free market serves the public interest. These trends lend new urgency to understanding why some people earn so much...

 Criminal justice expenditures have more than doubled since the 1980s, dramatically increasing costs to the public. With state and local revenue shortfalls resulting from the recent recession, the question of whether crime control can be accomplished either with fewer resources or by investing...

Olivier Marie explains the value of an economic approach to the analysis, design and evaluation of crime-fighting policies.