If the rich and powerful were forced to do time in prison for doing drugs, there would be a stronger incentive to end the drug war.

We often hear a lot, especially from those who want to tear them down, about the top 1 percent. We don’t hear nearly as much about the bottom 1 percent. Who are they? Where are they? Why are they in the bottom 1 percent? And what should we do about them?

It turns out that about two thirds of the people in the bottom 1 percent are in U.S. prisons. And of these people, a few hundred thousand are there for victimless crimes. Letting them out would help them and save us taxpayer money. That’s a win-win.

via The Bottom One Percent, David Henderson | EconLog | Library of Economics and Liberty.

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