In a Forbes article last year, a professor of health at Indiana University notes that
since the increase in the legal drinking age to 21 (1987), total amount of alcohol
consumed dropped but the incidence of EXCESSIVE drinking increased among 18-20 year
olds.
1. any takers on why?
2. is a "forbidden fruit" argument consistent with economic rationality?
Ed.
Edward J. López
Assistant Professor
Department of Economics
University of North Texas
P.O. Box 311457
Denton, TX 76203-1457
Tel: 940.369.7005
Fax: 940.565.4426
NEW EMAIL: [EMAIL PROTECTED]
Web: www.econ.unt.edu/elopez
