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Heart: Tobacco, Tonka, Vanilla and Sesame

unless located within the line of sight or under the control of a cashier or other employee... Exception : Retailers deriving 75%+ revenue from tobacco may be exempt

Drivers 11.2

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