Smoking Is Addictive--Warning to be placed on the Liggett Group's cigarette packs.
Of all the targets of government wrath in American industry, none have been scorched more severely or more often than U.S. tobacco companies. But despite being hit with everything from health-warning labels to smoking bans in buildings to Vice President Al Gore's tale last year of his sister's fatal lung cancer, cigarette makers have survived and prospered. The industry's profits have been healthy for a decade, and in spite of countless lawsuits, no tobacco company has ever paid out a single penny to compensate anyone for damaged health.
That...