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Prohibition

Encyclopedia of Law and Economics

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Abstract

A prohibition is a government decree against the production and exchange of a good or service. Recent studies on prohibitions, for a variety of goods and services, such as drugs, alcohol, and prostitution, suggest that prohibitions impose heavy costs and are extremely difficult to enforce.

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References

  • Cowan R (1986) How the narcs created crack: a war against ourselves. Natl Rev 38(23):26–34

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  • Friedman M (1975) An economist’s protest. Thomas Horton and Daughters, Glen Ridge

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Further Readings

  • Becker GS, Murphy KM, Grossman M (2006) The market for illegal goods: the case of drugs. J Polit Econ 114(1):38–60

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  • Boettke PJ, Coyne CJ, Hall AR (2013) Keep off the grass: the economics of prohibition and U.S. Drug Policy. Oregon Law Rev 17(4):1069–1095

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  • Miron JA (2004) Drug war crimes: the consequences of prohibition. Independent Institute, Oakland

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  • Thornton M (1991) The economics of prohibition. University of Utah Press, Salt Lake City

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Author information

Authors and Affiliations

  1. Department of Economics, Indiana University, Bloomington, IN, USA

    Nicholas A. Snow

Authors
  1. Nicholas A. Snow
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Correspondence to Nicholas A. Snow .

Editor information

Editors and Affiliations

  1. Montpellier, France

    Alain Marciano

  2. Dept DiGSPES, Univ del Piemonte Orientale Dept DiGSPES, Alessandria, Italy

    Giovanni Battista Ramello

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Snow, N.A. (2017). Prohibition. In: Marciano, A., Ramello, G. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_625-1

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  • DOI: https://doi.org/10.1007/978-1-4614-7883-6_625-1

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  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4614-7883-6

  • Online ISBN: 978-1-4614-7883-6

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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Chapter history

  1. Latest

    Prohibition
    Published:
    19 August 2021

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_625-2

  2. Original

    Prohibition
    Published:
    22 August 2017

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_625-1

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