Caffeine is a highly addictive drug found in coffee, tea, and some sodas. Unlike cigarettes, however, there have been very few calls to tax it, regulate its consumption, or limit its use in public places. Why the difference? Can you think of any economic arguments for regulating (or taxing) its use?
Caffeine is a highly addictive drug found in coffee, tea, and some sodas. Unlike cigarettes, however, there have been very few calls to tax it, regulate its consumption, or limit its use in public places. Why the difference? Can you think of any economic arguments for regulating (or taxing) its use?
Chapter1: Making Economics Decisions
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Transcribed Image Text:Caffeine is a highly addictive drug found in coffee, tea, and some sodas. Unlike cigarettes, however,
there have been very few calls to tax it, regulate its consumption, or limit its use in public places. Why
the difference? Can you think of any economic arguments for regulating (or taxing) its use?
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