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The Price of Smoking... details the financial impact of a shorter life span on retirement benefits. -- Hilary Smith, MSN Money The book breaks new ground... to present the most comprehensive analysis yet of the cost of smoking. -- Wendy Max, Ph.D., New England Journal of Medicine This book, with its clear exposition and easy-to-follow organization, should serve as an excellent primer for readers who want to bring themselves up to speed on the state of knowledge about smoking-related costs. -- The New England Journal of Medicine ... It's important to understand... the public policy implications of Sloan's work. -- Robert A. Levy, Chicago Sun-Times This book contains the most thorough and penetrating analysis of the cost of smoking to date. It is certain to become a landmark in the field of health economics. --Michael Grossman, Distinguished Professor of Economics, City University of New York Graduate Center, and National Bureau of Economic Research The health consequences of smoking boost some financial costs to society and lower others. The Price of Smoking uses several new data sets to document these effects, which are analyzed on a lifetime basis. These analyses allow Sloan and his collaborators to provide the most detailed estimates to date of the cost implications of smoking for different government programs. --W. Kip Viscusi, Cogan Professor of Law and Economics, Harvard Law School This book contains the most thorough examination yet of the social and economic consequences of smoking, providing evidence that will be useful to policymakers, litigators, advocates, and academics. Particularly important is the calculation of what Sloan and his colleagues call the 'quasi-external' costs--those that smokers impose on their spouses, children, and others in their household. These costs have too often been ignored or assumed away in previous economic research on the costs of smoking. --Frank J. Chaloupka, Professor of Economics and Director of the Health Policy Center, University of Illinois at Chicago What is the price of smoking? The various ways that cigarettes affect the private lives of smokers and the public aspects of policy are revealed carefully and comprehensively by this team of sophisticated economists. Their results surprised me and they might surprise you. --Steven A. Schroeder, director, Smoking Cessation Leadership Center, University of California, San Francisco, and past president of the Robert Wood Johnson Foundation

The book breaks new ground... to present the most comprehensive analysis yet of the cost of smoking. Wendy Max, Ph.D. New England Journal of Medicine ... It's important to understand... the public policy implications of Sloan's work. Robert A. Levy Chicago Sun-Times ... It's important to understand... the public policy implications of Sloan's work. Robert A. Levy Chicago Sun-Times

... It's important to understand... the public policy implications of Sloan's work. -Chicago Sun-Times [T]he book breaks new ground... to present the most comprehensive analysis yet of the cost of smoking. -New England Journal of Medicine * Reviews * ... It's important to understand... the public policy implications of Sloan's work. -Chicago Sun-Times * Reviews *

The book breaks new ground... to present the most comprehensive analysis yet of the cost of smoking. Wendy Max, Ph.D. New England Journal of Medicine ... It's important to understand... the public policy implications of Sloan's work. Robert A. Levy Chicago Sun-Times ... It's important to understand... the public policy implications of Sloan's work. Robert A. Levy Chicago Sun-Times The health consequences of smoking boost some financial costs to society and lower others. *The Price of Smoking* uses several new data sets to document these effects, which are analyzed on a lifetime basis. These analyses allow Sloan and his collaborators to provide the most detailed estimates to date of the cost implications of smoking for different government programs. --W. Kip Viscusi, Cogan Professor of Law and Economics, Harvard Law School

Author Information

Frank Sloan, awarded the Victor R. Fuchs Award for Lifetime Contributions to the Field of Health Economics in 2016, is J. Alexander McMahon Professor of Health Policy and Management and Professor of Economics at Duke University. He is coauthor of The Price of Smoking (2004) and Medical Malpractice (2008) and coeditor of Incentives and Choices in Health Care (2008), all published by the MIT Press. Jan Ostermann is a Research Associate at the Center for Health Policy, Law, and Management at Duke University. Christopher Conover is Assistant Research Professor of Public Policy Studies and Director of the Health Policy Certificate Program at Duke University. Gabriel Picone is Associate Professor of Economics at the College of Business Administration at the University of South Florida.

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