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Political Economy of Illicit Drugs.
Rutledge Press, 2004.
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Approach”, Journal of Political Economy, 76, 2, 169-217
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M. (1991) ‘The War We are Losing’, in M.B. Krauss and E.P. Lazear (eds)
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pp. 53-67
Drug Supply and Criminal Organizations

illicit distribution of the
flow of drugs

criminal organization
Addictive Consumption

price and consumption

the instability of demand
for drugs
Economics of Prohibition

prohibition and crime

law and economics
Optimal Public Intervention

optimal level of consumption

economics of crime
Enforcement

enforcement on both demand
and supply sides