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PMI recognizes that a decline in the sales volume of our cigarettesand more broadly, our combustible product portfoliois an imperative component of our ambition to deliver a smoke-free future

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So, if youre a smoker, its always wise to be mindful of where your opened packs are hanging out

But it also shows that some economic activity never takes place (deadweight loss): When discussing the economics of taxation, I always try to remind people that deadweight loss also represents foregone taxable activity, which is why the Laffer Curve is a very real thing (as even Paul Krugman admits)

The problem was the reductionist focus on calories alone, ignoring nutrient quality, protein intake, and satiety