Ending Drug Prohibition, Dr. Jeffrey A. Miron, professor of economics at Harvard University, estimates annual combined savings and tax revenue of almost $18 billion, if the U.S. were to legalize and regulate the production, sale and use of marijuana. Why not look to President Franklin Roosevelt’s response to Prohibition’s failure? In 1933 he lifted the prohibition of the sale, manufacture, and consumption of alcohol, thereby putting an end to the bleeding of federal law enforcement resources and minimizing…
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