About That Finland Study (Part Deux)

(This is a continuation of a previous article from 2023.)

Another recent Finland study this year found that the higher alcohol tax rates and alcohol advertising restrictions implemented in the mid-1970s in that country had a much larger long-term beneficial effect on the cohorts who were under 18 at the time compared to those who where already over 18 by then.  The study authors of course give more credit to the advertising restrictions than the tax hikes, but historically speaking, most research would argue the reverse, namely that the tax/price hikes would have had a larger effect than the advertising restrictions.

The key takeaway:  if alcohol taxes/prices are high enough, then the legal drinking age essentially becomes irrelevant.