A widely prevailing assumption is that taxing and regulating smoking are justified on efficiency grounds since smokers impose a significant cost on others. Supposedly, the same economic analysis that has been used to justify taxing and regulating environmental pollution also applies to smoking....

It is widely assumed that weak economic performance in the Soviet Union provides motivation for Soviet leaders to pursue arms negotiations in good faith. This paper argues that the reality is quite the opposite. For both political and economic considerations, the weak economy of the Soviet Union...