Dr Eric Crampton: The troubling rationale behind liquor levy review

Alcohol policy is always contentious – but let’s start with something that should be uncontroversial:

If the government wants to reduce alcohol-related harm, it should aim for measures that do more good than harm overall.

If a harm-reducing policy stacks up, it does so whether the overall social cost of alcohol is $10 billion, $1 billion, or $100 million.