The size of a typical British wine glass has ballooned during the past 300 years. Close to 70 ml in 1700, now it is more than six times bigger. Where are we going? To glass, plate, and portion sizes. Wine…
Problems With Sugary Drink Taxes
To avoid inelastic demand, a sugary drink tax would need to increase price substantially. Current taxes that average less than 5% have little impact.
Weekly Roundup: From Vodka to Tax Dodgers
Our weekly roundup includes stories from everyday economics that relate to creative destruction, taxation, price floors, labor markets and entitlements.
Where Do the Slimmest Americans Live?
Because obesity related diseases increase entitlement spending, should government use penalties rather than incentives to slim the US population?