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The consequences of decriminalizing illegal drugs

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The consequences of decriminalizing illegal drugs have long been debated. Some claim that legalization will lower the price of these drugs and reduce related crime. Others claim that more people will use these drugs.

Suppose that some of these drugs are legalized so that anyone may sell and use them. Now consider the two claims that price will fall and quantity demanded will increase. Based on positive economic analysis, are these claims sound?

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The consequences of decriminalizing illegal drugs are argued.

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When some of these drugs have been legalized, people will have more freedom to go to the market and acquire these drugs legally for recreational use. This will have a positive outcome on the level of crimes, ...

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