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Yesterday, Cheap Talk contributor and Northwestern University economics professor Jeffrey Ely posed an excellent question to me: Suppose you had a choice between only two policies: A) grotesque pictures or B) increased per-pack taxes calculated to generate exactly the same reduction in demand

Smoking Severely Affects the Respiratory System When you smoke, it means you are absorbing substances that can harm your lungs

In the delusional reality of the FDA, upon the lowering of nicotine levels in cigarettes to a level that is considered non-addictive, smokers will be safe

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