This paper argues the case for the legalization of addictive drugs such as marijuana, cocaine, and heroin. It maintains that there are no “market failures” which could justify a banning of these substances, and that, as in the earlier historical case of prohibition of alcohol, our present...

The debate about the prohibition of drugs has taken a fundamental turn with the publication of ‘Regulation: The Responsible Control of Drugs’ by the Global Commission on Drug Policy. This edition of the journal publishes papers addressing how to regulate drugs, which informed the Global...

The drug trade as a global and national phenomenon -- Analytic perspectives for explaining the drug trade -- Conceptualizing consumption : drug use and drug users -- The production of psychoactive substances -- Distribution : linking producers and consumers -- Money laundering : money makes the...