With debates surrounding the decriminalisation of certain illegal drugs raging in many countries around the world, this new book is a timely and sober reflection on one of the biggest social problems facing the world at large. Of interest not only to economists, but also to criminologists and those involved in policy-making, The Economics of Illegal Drugs is an accessible, comprehensive and international review of the topic and the usefulness of applying microeconomic analysis to drug production and distribution.

With debates surrounding the decriminalisation of certain illegal drugs raging in many countries around the world, this new book is a timely and sober reflection on one of the biggest social problems facing the world at large. Of interest not only to economists, but also to criminologists and those involved in policy-making, The Economics of Illegal Drugs is an accessible, comprehensive and international review of the topic and the usefulness of applying microeconomic analysis to drug production and distribution.