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Bigs Quote by Peter McWilliams

“Drugs, gambling, and prostitution are the Big Three underground 'moneymakers' in consensual crime. There would be, however, significant boosts to the economy if the stigma attached to the other consensual crimes were eliminated through legalization.” quote by Peter McWilliams
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“Drugs, gambling, and prostitution are the Big Three underground 'moneymakers' in consensual crime. There would be, however, significant boosts to the economy if the stigma attached to the other consensual crimes were eliminated through legalization.”

Peter McWilliams

About This Quote

Legalizing consensual activities could boost the economy, but social stigma limits potential.

In simple terms: Legalization may increase economic activity.

Key Takeaway

Consider policy reform.

Themes

economics law stigma

Mood

analytical critical

Type

policy economic

When to use this quote

  • public policy
  • healthcare funding
  • tax revenue

Key Concepts

legalization crime economics

Questions to Reflect On

  • What are the societal costs of criminalization?
  • How can stigma be reduced?
A Different Perspective

Moral objections may oppose economic arguments.

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