Economists say U.S. would save billions if pot was legal


So conclude more than 300 economists who say that the government — if it got out of the business of enforcing marijuana laws — could save a whopping $7.7 billion annually. Harvard economist Jeffrey Miron also figures there’s another $6 billion to be mined each year by taxing the drug at rates similar to booze and tobacco. The economists, who have signed a petition, don’t exactly go as far as Miron in suggesting pot be legalized but maintain that it’s high time, so to speak, for an “open and honest debate.”