Tuesday, May 26, 2009

Vice Updates

Economic Inquiry has some interesting articles on the vices of drinking and smoking:

  • Nationwide adoption of a minimum legal drinking age (MLDA) appears to have had only a minor impact on teen drinking and traffic fatalities. Even in early-adopting states, the impact of the MLDA did not persist much past the year of adoption.
  • Fraternity membership significantly increases drinking intensity, frequency, and recency, as well as the prevalence of many deleterious drinking consequences that potentially carry negative externalities.
  • Rising cigarette taxes have not significantly contributed to rising obesity rates.


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