There's no way it would be bad for the economy. It keeps money liquid and moving. Women with money spend.

Prosititution isn't for fat ugly guys that can't laid. Lot's of guys don't want hang ups or the strings that come with courting women or becoming attached. The only thing that sucks about single life is the lack of sex ( I can attest, I'm not shy). Prostitutes fill that niche. And it's a win-win scenario because those "escorts" make -damn- good money, money they would otherwise never be able to make. The guy gets laid and a boost to his self-confidence. Works out for everyone.

Don't mix up escorts with the women that walk the streets. That's the low end of the spectrum that goes hand in hand with the drugs and criminal element. Those women's lives could be GREATLY improved by LEGALIZING the trade because they would not have to work around the dangerous underground with drug dealers and thugs. By also legalizing you could cut the pimp out of the equation. We all know how beneficial that would be.