Gary Becker suggested:
A) raising the capital gains tax to help provide more government resources for the War on Drugs.
B) that the government should make drugs legal and then place a tax on drugs to control their usage.
C) subsidizing the consumption of illegal drugs in an effort to avoid deadweight losses.
D) All of the answers are correct.

Question

Quizplus · Accepted Answer

Gary Becker was a proponent of economic analysis to policy decisions. In the context of the war on drugs, Becker advocated for the legalization of drugs in order to control their usage through taxation. He believed that this approach would decrease the incentive for drug dealers to engage in violent crime and would also generate government revenue from the taxation of legal drugs. Therefore, the best choice is B.

Gary Becker Suggested