Money & Business
What would happen to the economy if we all stopped drinking?
...work but perform below their optimal level), unemployment, and premature death. Government estimates suggest that these cost the economy in the order of £8-11 billion, between 0.4-0.6 per cent of GDP, each year. Reducing alcohol consumption would increase labour supply and productivity, and so increase the economy’s capacity to produce goods and services. So, to sum...