Trenton McCarthy, chapter 3, question 6

The most interesting part about this chapter was the externality of smoking. I was astounded by the amount of money the Czech Republic saved because people were addicted to nicotine and died early. $28 million is a lot of money so raiding the tax would not be economically beneficial. It is kinda weird but it's like we are basically saying "let people die so we can have more money!" I still feel bad though for those people with weird voices and horrific deformities on those "don't smoke" commercials.