LONDON , May 9 (UPI) -- The global war on drugs is a failure, economists of the London School of Economics, including five Nobel Prize winners, said in a report.
The 84-page report, entitled "Ending the Drug Wars: Report of the LSE Expert Group on the Economics of Drug Policy," calls for reform of drug laws and theorizes a "drug-free world" based on prohibition is wasteful and expensive. It calls for a "major rethink of international drug policies."