Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: machogirl
“I’m frustrated that the future of the American health care system rests in the hands of one or two of these unelected people who might make the decision based on political grounds,” Gruber, an M.I.T. professor, told me

Ironypalooza!

91 posted on 11/11/2014 10:25:35 AM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
[ Post Reply | Private Reply | To 80 | View Replies ]


To: St_Thomas_Aquinas

The Hypocrisy and IRONY run RICH with this one.

This is what he said in his paper about the smoking tax. Good grief, the Nanny State.

(1) smokers that smoked early wished they hadn’t
(2) smokers have a self control problem

okay, but this is his response as what to do.

Given this evidence, policymakers should not be applying the standard economics model [in which people are presumed to act rationally] to smoking policy, which would imply relatively little merit for features such as warning labels. Rather, it is important to consider alternative models that incorporate the type of evidence cited above. For example, my own research shows that if you treat all smokers as standard, rational, patient, forward-looking consumers, then we should probably tax cigarettes at below $1 per pack. But if you incorporate the self-control problems noted above — not even including the failures of teens to anticipate the future — the appropriate tax rises to $5 to $10 per pack.


92 posted on 11/11/2014 10:58:12 AM PST by machogirl
[ Post Reply | Private Reply | To 91 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson