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rixed 3 hours ago

Sorry it was unclear, I was replying specifically to:

> If cigarettes were 3-4$ a pack (which they would be without sin taxes and regulatory overhead),

Trying to show that 3-4$ a pack is not a more "natural" price for cigarettes than the current one, that it is a matter of perspective, and that if one wanted to construct such a natural price all externalities would have to be taken into account.