tutor2u | Optimum “health tax” for meat calculated

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Optimum “health tax” for meat calculated

Geoff Riley

8th November 2018

There has been lots of interest in this new research from Oxford University which makes the claim that a health tax on red and processed meat could prevent more than 220,000 deaths and save over US$40 billion in healthcare costs every year. Read the paper here.

Should red meat be taxed? This kind of case study brings in many micro and macro aspects including market failures from externalities and information gaps.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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