http://blog.norml.org/2012/04/17/over-300-economists-agree-its-time-to-legalize-marijuana/
You can read the whole article (if you wish) at the link above.
This part was particularly of interest to me:
Three of the three hundred economists who signed this statement are Nobel Laureates.
(Not that I think that we'll see much movement on this subject in the coming election season.)
![Legalization-Gallup-2011.jpg](http://assets.blog.norml.org/wp-content/uploads/2011/10/Legalization-Gallup-2011.jpg)
You can read the whole article (if you wish) at the link above.
This part was particularly of interest to me:
We, the undersigned, call your attention to the attached report by Professor Jeffrey A. Miron, The Budgetary Implications of Marijuana Prohibition. The report shows that marijuana legalization — replacing prohibition with a system of taxation and regulation — would save $7.7 billion per year in state and federal expenditures on prohibition enforcement and produce tax revenues of at least $2.4 billion annually if marijuana were taxed like most consumer goods. If, however, marijuana were taxed similarly to alcohol or tobacco, it might generate as much as $6.2 billion annually.
Three of the three hundred economists who signed this statement are Nobel Laureates.
(Not that I think that we'll see much movement on this subject in the coming election season.)