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Smoking Cost Benefit

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The consulting firm Arthur D. Little International recently prepared for the Czech government a cost-benefit analysis of smoking in that country. The report concluded that the net benefit of smoking was positive, in part because smoking causes premature death, which saves the government money on the care of retirees. Evaluate this approach to the problem, focusing on issues relating to the value of life.

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A discussion on the cost benefit of promoting smoking in the Czech Republic.

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The Czech government may still be involved in the socialist practice of health care and retirement. Therefore, as the life expectancy age continues to rise, a government may be faced with high costs of care for older citizens. The Czech Republic is a stable and prosperous ...

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