Harvard economist: Legalize all drugs to eliminate violence

Harvard economist Jeffrey Miron believes that legalizing all drugs, not just marijuana, is the only way to eliminate drug-related violence.

Miron argued during an appearance Monday on CNN, "Prohibition ... hasn't prevented kids from getting access to heroin, including very, very cheap heroin. ... At the same time, we're getting all the ancillary costs of drug prohibition, such as the violence in Mexico that spills over into the United States."

"Some people will misuse drugs even if it's legal," Miron acknowledged, "but the magnitude of negative things would be vastly reduced."

However, former DEA agent Bob Stutman believes that legalizing drugs would lead to a vast increase in addiction, although he agrees with Miron that "the present system certainly is broken and needs fixing."