Marginal Utility Aug. 2005–Feb. 2012
Everybody’s getting in on banning trans fats: New York City, Chicago, Disney, Pepsi, Wendy’s. But why impose a ban when you could generate some revenue with a tax?
On his and fellow conservative Richard Posner’s blog, (which is totally bizarre from a rhetorical point of view; it seems as though it were written by Spock), Gary Becker, an economist famous for treating human beings as a commodity (human capital), and performing economic analyses on drug addiction (it’s rational) and domestic life (it’s a factory), mulled over the implications of a tax on fat, which would be a less paternalistic way of ridding the world of trans fats (a.k.a. hyrdogenated oils) that clog arteries and cause obesity. (Some health officials go so far to compare hydrogenated oils to the threat posed by lead paint, but I think I’d feel substantially more comfortable with children eating doughnuts than paint chips.)
Becker…
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