Question: 1. In the eighteenth century, prisoners were not only executed, they were also whipped, branded, and mutilated. Can you think of any economic reasons why many modern states have eliminated these punishments, retaining only fines, imprisonment, and probation?
2. During the "war on drugs" in the United States, the street price of most illegal drugs has remained stable or has fallen. What does this fact indicate about who is winning the "war"?