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okokok
Joined: 27 Aug 2006
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 Posted: Sat Sep 16, 2006 8:49 pm Post subject: No booze, you lose |
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http://www.reason.org/news/alcohol_use_091406.shtml
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Report: Drinkers Earn More Money Than Non-Drinkers
Social drinkers who hang out in bars bring home even bigger paychecks
Los Angeles (September 14, 2006) � Numerous studies have shown moderate alcohol use can have important health benefits and now a new report finds drinking can help your wallet too.
Drinkers earn 10 to 14 percent more money at their jobs than nondrinkers and men who drink socially, visiting a bar at least once a month, bring home an additional 7 percent in pay, according to a new Reason Foundation report by economists Bethany Peters, Ph.D., and Edward Stringham, Ph.D.
"Social drinking builds social capital," said Stringham, an economics professor at San Jose State University. "Social drinkers are networking, building relationships, and adding contacts to their Blackberries that result in bigger paychecks."
The study finds that men who drink earn 10 percent more than abstainers and women drinkers earn 14 percent more than nondrinkers. However, unlike men, who get an additional income boost from drinking in bars, women who frequent bars at least once per month do not show higher earnings than women who do not visit bars.
The study, published in the latest edition of the Journal of Labor Research, suggests that the growing wave of anti-alcohol legislation at state and local levels will have harmful effects on local economies and individual finances. Efforts to impose massive tax increases on alcohol, to restrict alcohol sales through zoning laws, and prohibit alcohol advertisements have all been stepped up in recent years.
"We're quick to ban beer at sports stadiums and festivals. The legal blood alcohol level is dropping everywhere, and we're barraged with overhyped warnings about binge and underage drinking," Stringham said. "Instead of fear mongering we should step back and acknowledge the proven health and economic benefits that come with the responsible use of alcohol."
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Like I needed a reason to drink more. |
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Hollywoodaction
Joined: 02 Jul 2004
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| Posted: Sat Sep 16, 2006 8:54 pm Post subject: |
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| Well, that all depends on why someone goes to the bars. Besides, the same could be said of non-drinkers who go to church, the temple, or the mosque on a regular basis. They network too, you know. |
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Beej
Joined: 05 Mar 2005
Location: Eungam Loop
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| Posted: Sat Sep 16, 2006 9:39 pm Post subject: |
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| If this is true, then I guess esl teachers in Korea should be expecting a tripling of wages any time now. |
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JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
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| Posted: Sun Sep 17, 2006 12:06 am Post subject: Re: No booze, you lose |
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| Social drinkers who hang out in bars bring home even bigger paychecks |
Sounds right, but the cause & effect are the reverse in my case. "Bigger paychecks" enables me to hang out in bars more often. |
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SirFink
Joined: 05 Mar 2006
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| Posted: Sun Sep 17, 2006 4:42 pm Post subject: |
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| As with all studies, one must ask who funded it? The alcohol industry? Gee, yathink? |
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cruisemonkey
Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.
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| Posted: Sun Sep 17, 2006 5:01 pm Post subject: |
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I'll take that study with a grain of salt, a lime wedge and a shot of tequila.  |
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okokok
Joined: 27 Aug 2006
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| Posted: Sun Sep 17, 2006 8:14 pm Post subject: |
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| SirFink wrote: |
| As with all studies, one must ask who funded it? The alcohol industry? Gee, yathink? |
They claimed it wasn't. |
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Doogie
Joined: 19 Jan 2006
Location: Hwaseong City
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| Posted: Mon Sep 18, 2006 12:02 am Post subject: |
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What is moderate alcohol consumption? I read once that it's 1-2 drinks a day for a woman and 2-3 drinks a day for a man. I'm not sure what exactly a "drink" was (beer, wine, spirits). Alright, I think I'll go the bar tonight and order 3 "triple scotches". Moderation is a beautiful thing!!  This reminds me of the 60 Minutes report about the French Paradox. This was the report about red wine lowering cholesterol levels. American consumption of red wine went through the roof for years after that. |
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