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 result of the campaign: a 3,200 pound puffing machine, also called a puff gun. The puffing machine is part of a cereal-focused traveling exhibit. In 2015, the museum gained the support of its first major sponsor, Infiniti, which helped fund a permanent space. The museum opened MOFAD Lab, a 5,000-square-foot gallery space in Williamsburg, Brooklyn. Chef Alex Guarnaschelli is the chair of the museum's Culinary Council . 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.