Phillip Morris’s FOI is in the Public Interest

The BBC gave headline news today about a FOI request by Phillip Morris about Government funded research. The Guardian and Telegraph joined in as well. This is a comment left at Bishop Hill. There are some legitimate reasons why a cigarette company (and the general public) might want to know more details of a research [...]

NICE Supports Big Business Profits at Expense of Consumers

The impact health watchdog NICE, consisting of non-economists, should be aware of a couple of points of economics when they propose a minimum price for alcohol. (Times and BBC) First, alcohol is inelastic with respect to price. This is why, like tobacco and petrol, there can be such huge taxes with very little impact on consumption. [...]

Alcohol – BMA gives a flawed diagnosis and dangerous prescription

Yesterday the BMA issued a report on the effects of alcohol marketing on young people. The report is flawed on two fronts. Studies that show that strong marketing for individual products is successful does not mean that this affects the overall level of drinking by young people. The BBC’s example of the highly successful Magner’s [...]

Cameron fails to understand the Booze Problem

ToryDiary reports David Cameron as saying yesterday “We need to look at the unbelievable availability of very cheap drink, getting three litres of cider for £1.99, at all hours of day and night. We’ve got to do something about this and I’m exploring what we can do to deal with the drink that’s fuelling so [...]

The New Campaign against Booze

A Home Affairs Select Committee has urged an end to happy hours and a minimum price for alcohol, according to the BBC.   The BBC’s Mark Easton, on his blog. tried to establish the link between price levels and consumption for various European countries. He then went to show a graph of the UK’s average [...]

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