The counterintuitive fix for our $30-a-pack policy disaster (opens original article in a new tab)

The article suggests using a Pigouvian tax on tobacco to address the social harms of smoking through price mechanisms instead of bans or regulation.

• Taxing negative externalities like smoking can address social harms through price mechanisms
• Pigouvian tax on tobacco is suggested as a solution for health and healthcare costs
• Prohibition is considered ineffective for changing smoking behaviour