Sugary drink tax third parties (MXC) and so want to consume at the unregulated market equilibrium to maximize their utility. This means that there is overconsumption of sugar and a welfare loss is created. The sugary drinks tax, a Pigovian tax, is a way to correct the negative externality by regulating the consumption of sugary drinks. Without a sugary drink tax, taxpayer money is used to pay for higher health care costs incurred from high consumption of sugar. Although this solution corrects the negative consumption externality, taxpayers that consume sugary drinks moderately and hence do not contribute to higher health care costs, still
Museum of Food and Drink Museum of Food and Drink The Museum of Food and Drink (MOFAD) is a New York City educational non-profit and museum that seeks to change the way people think about food and drink. The museum's work explores "the ways food and beverage impact our culture, politics, economy, history, and more." Dave Arnold founded and chartered the museum in 2005, but it remained an idea until 2011. In 2013, Arnold and museum Executive Director Peter Kim raised over $100,000 through a Kickstarter campaign for the museum's first exhibition. The first exhibit, which debuted in New York in August 2013, was the