Tom Wainwright on Narconomics

To fight the war on drugs, governments devote enormous resources trying to reduce the supply. Is this effective? Tom Wainwright talks with host Russ Roberts about how drug cartels respond. Cartels look for ways to cut costs and maintain or grow revenue. He uses extensive on-the-ground interviews and reporting to understand the behavior of the cartels and argues that reducing demand would be a much more effective strategy for reducing drug use.