Tagged: Tobacco

When Prosumption is Law, the Prosumer is King (for Now)

by pj.rey Smokers, if I told you that I could get you high-quality cigarettes for half the usual price, you’d probably smartly ask, “What’s the catch?”  “The catch,” I might respond, “is that I need five minutes of your labor-time per pack.”  This is precisely the bargain customers are making with a Brookline, New Hampshire store called Tobacco Haven – a bargain we social theorists might call prosumption.  The shop houses a roll-your-own cigarette machine into which customers feed piles...

Comparing the role of government in self-control problems from behavioural and neoclassical economic perspectives

This post has moved to http://williampaulbell.wordpress.com/2009/09/12/comparing-the-role-of-government-in-self-control-problems-from-behavioural-and-neoclassical-economic-perspectives/ <About>  <Portfolio>  <Academia>  <LinkedIn>  <Twitter>  <Blog> Member of the World Economics Association – promoting ethics, openness, diversity of thought and democracy within the economics profession

Smoking: Bad Habit? Or Socially Patterned?

by socanonymous A U.S. Federal Appeals court recently upheld a 2006 landmark ruling that found top tobacco companies guilty of racketeering and fraud. The companies were found to have deceived the public about the dangers of smoking by using misleading labels such as “low tar”, “light”, and “mild”, on cigarette boxes. Manufacturers have since been required to change the way they market their cigarettes. The mass perception of smoking has gradually evolved from social acceptance to socially and morally unacceptable....