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Private, public smoking costs.

Publication: The Washington Times
Publication Date: 28-NOV-04 		Format: Online - approximately 827 words
Delivery: Immediate Online Access
Full Article Title: Private, public smoking costs.(COMMENTARY)

Article Excerpt
Byline: Robert A. Levy, SPECIAL TO THE WASHINGTON TIMES

More ammunition for the antismoking crowd will soon be released in a new book from MIT Press titled "The Price of Smoking." According to prepublication reports, the authors - Duke University economist Frank Sloan and four colleagues - estimate actual costs of smoking at nearly $40 per pack. That includes roughly $33 for reduced life expectancy and tobacco-related disabilities, $5.44 for the costs of secondhand smoke, and $1.44 for pooled-risk programs like Medicare, Medicaid, group life insurance and sick leave.

Regrettably, the data will be exploited by zealots to stop the rest of us from making our own decisions about cigarettes. That's why it's important to understand the $40 cost and the public policy...

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