Hmm, maybe the boozy lunch isn’t so bad after all? In relation to my post earlier today, I have just found an interesting study, which has established that drinkers earn 10 – 14% more than non-drinkers. The average female drinker earns 8% more than the average female non-drinker, whereas the average male drinker earns 21% more than the average male non-drinker.
The study concludes that drinking leads to higher “social capital” and better social networks. It concludes the restrictions on drinking are likely to have harmful economic effects by (a) reducing fun and (b) potentially reducing income by reducing networking opportunities.
As I also stressed earlier, moderation is the best policy: moderate drinkers earn the best salaries. I guess it’s all a question of balance – not having functions which only centre around alcohol, but not banning it altogether either!