Global Drugs War A 'Billion-Dollar Failure'

The global "war on drugs" has been a catastrophic failure and world leaders must rethink their approach, a group including five Nobel prize-winning economists, Britain's deputy prime minister and a former US secretary of state has said. An academic report published on Tuesday by the London School of Economics (LSE), called Ending the Drug Wars, pointed to violence in Afghanistan, Latin America and other regions as evidence of the need for a new approach.