Today the New York City Health Department
voted 8-0 with one abstention to pass the mayor's ban on portions of sugar sweetened beverages larger than 16 oz. Economists typically prefer taxes to outright bans on unhealthy behavior for a variety of reasons. Will we see bootlegged 32 oz. containers at Citi Field or Yankee Stadium? Or just more lines at 7-Elevens, which are apparently exempt from this new regulation!