COST OF WAR ON DRUGS - AN AUSTRALIAN PERSPECTIVE:

This headline appeared in Sydney Morning Herald 3 Oct. The conclusion that Australia would save almost $Au5 billion ($US4.2 billion) "if illicit drug sales were regulated and taxed the way tobacco is" rests on a number of assumptions that are less than rock solid. What is of note, however, is the statement attributed to an economist with the Australia-based policy institute Centre for Independent Studies, John Humphrey: "It gets interesting when you try to do a cost-benefit analysis on the prohibition [of drugs]. Basically, there aren't any benefits." Food for thought - in Australia and everywhere else! For the Full article