| People are smoking less so why are cigarette companies' profits soaring? Jason Palmer, co-host of The Intelligence podcast, and Callum Williams, our senior economics writer, discuss why the tobacco industry is thriving despite the number of American adult smokers falling by around 20m people in the past decade. 00:00 - The economics of smoking 00:13 - Less people are smoking 00:52 - Why are tobacco shares thriving? 02:31 - Will cigarettes keep getting more expensive? Listen to the full episode: https://econ.st/3LABV3i The counterintuitive economics of smoking: https://econ.st/488Y41i What nicotine does to your brain: https://econ.st/484bJH3 How harmful are electronic cigarettes?: https://econ.st/49eNgjw Sign up to our weekly newsletter: https://econ.st/3J0xzBr #economics #health #profit |
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