December 14, 2007
'Paying the Tab: The Costs and Benefits of Alcohol Control'
Stocking up on drink for the holidays? Philip J. Cook has a message that may blunt the cheer. "Alcoholic beverages are too cheap for our own good," says the professor of public policy and economics at Duke University.
Based on the acknowledgments in Paying the Tab: The Costs and Benefits of Alcohol Control (Princeton University Press), the author is not a teetotaler. At least he recounts sharing "some bottles of good wine" with a research collaborator. Mr. Cook also rejects the alcohol
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