People Who Drink Make More Money!

This is the stunning finding from respected academics who really did get
paid to come up with this: People who drink alcohol earn higher salaries
than those who never imbibe. Those respected researchers, who go by the
names Edward Stringham and Bethany Peters, conducted this high brow
investigation at San Jose State University. They determined that
drinking booze helps people build relationships and network
professionally, which in turn makes them more valuable employees. And
that increases their paychecks. "Social drinking builds social capital,"
Stringham told Agence France Presse.

Specifically, the researchers determined that social drinkers earn 10 to
14 percent more than teetotalers. "Social drinkers are out networking,
building relationships, and adding contacts to their BlackBerries that
result in bigger paychecks," he explained to AFP.

So how in the world did they reach this conclusion, sure to be embraced
during happy hour by bars nationwide? "We created our hypothesis through
casual observation and examination of scholarly accounts," the authors
wrote in the Journal of Labor Research. "Drinkers typically tend to be
more social than abstainers." An empirical survey backed up the theory.
Stringham and Peters insist that those who drink alcohol have a larger
group of social contacts that can provide better job and business
opportunities. "Drinkers may be able to socialize more with clients and
co-workers, giving drinkers an advantage in important relationships,"
the researchers wrote. "Drinking may also provide individuals with
opportunities to learn people, business and social skills."

They actually go so far as to say these conclusions argue against
regulations that restrict drinking on university campuses and in public
venues, claiming such policies not only make for less fun, but also
lower earnings.

One important point: The authors acknowledge that their study
contradicts similar research conducted in 2000 by the Harvard School of
Public Health. This latest research was funded by the libertarian think
tank, the Reason Foundation.


I am skeptical

no...drinkers need to make that kind of $$$ to fuel th habbits
of th drink...used to be one myself...

so they drink more to work better(or so they think)they go to th bars to
unwind from th days work,,,to make more $$$ to spend on more booze,a
mean cycle,,,been there done that...

I can picture a salesman with a client in a bar making a deal over a few
drinks. But if the sales guy had to do that all the time, then it could
lead to a serious problem. Where does this notion come from? I can
remember in the 80's that having a few with the boss was cool. But not
now.

all they are sayin is that when you go to a social atmosphere it
increases your chances of meeting new contacts and when you add booze to
the mix, well you all know that some people are less inhibited when they
drink. it creates an easygoing environment and when they wake up the
next morning they think damn i had a good time with whatserface.

I have seen guy's in the bar,with three peice suits, making a deal and
selling to the bar owner. How can enyone take that seriously. I mean I
use to meke plans with friends over a night of binge drinking and the
next morning. Nobody remembers the plan.

I can probably see big tycoons doing this but not working stiffs like
us.

I think it is true and the one done in 2000 by the school of public
health is also true. I believe the real answer is in the amount of
alcohol that is drank. I can not stand to be around drunks(to the point
they can not function). Alcohol though does loosen people up so they
speak more openly. Those who control the amount of alcohol they drink
yet drink regularly are way more social than non-drinkers or drunks. The
think tank study is more believeable than the health groups because they
normally do not have a set agenda. The health group was looking to find
proof of their ideas that drinking any and all alcohol needs to stop. So
for their study they looked for those who where drinking more frequently
and more volume of alcohol to prove their point. The think tank group
used a more neutral system where a light drinker like myself and those
who drink more often yet still socially(not drunks) do tend to make more
money.

There is just some fine lines which are hard to address. Like I drink a
wine cooler or mixed drink about once every 2 weeks. Most of the time I
stop drinking after a couple rounds. I find that being a light drinker
that I am not against drinking so I do not aleinate myself from
drinkers. Being a light drinker I do not alienate as many of the
non-drinkers or even the drunks. Those that drink more often than me yet
keep the volume of alcohol down would have more social contact than I do
and yet still have the respect of non-drinkers and those that drink
heavier.

I think the respect with the elite and drinking is more acceptable then
the arverage Joe Smoe. Thrump could get away with it more then you or I.
Just look at the elliet actors now who are in detocs. Robert Downy Jr.
Parise Hilton, George W. Bush, ( and his daughters) and Mel Gibson just
to name a few.

there's nothing wrong with drinking.

it's a common way for people to connet. obviously if you are the type
that can't handle your alcohol and get abrasive or start acting like a
fool you're not going to be doing good business deals.

but if you can have a good time with people in a social atmosphere,
that's where a lot of business is done.

business is all about relationships and social drinking is a just a way
to connect... golf and poker are other ways people connect (sometimes
with drinks there too)

i agree with vanchau. not everyone gets beligerant and forgets stuff
when they drink, alcohol also loosens people up so if you have to make a
big deal wouldn't you want the client to be in good spirits and open to
your offer?

is so true Mr. "V"...but if you get addicted to th drink thru th career
stages and doing commerce then where is th good deals made? this is why
I quit drinking in public,do not get me wrong,I was a happy drinker and
never got "sloppy drunk"
but lost so much of my life to th drink,had to quit to live.
was a trade off for me,but I still live today...M.

Oh.

That's a very though issue for me to get past. Long ago that would have
been accepted. Would you want to know that a fund dealer(what ever) was
drinking while managing your fund? I hope not. Unless you expect to
retire poor. Much like a surgin who is drunk while doing surgery or lets
just say he is an alcoholic but can funtion, but only while he is
drinking.

There's often a fine line between a drunk and someone who drinks
socialy.

I agree, YES, WE MAKE MORE MONEY!!!!!! I make more money because I
drink, I also drink, BECAUSE I MAKE MORE MONEY!!!!!!lol. As far as the
cautions regarding health, and those that just change in a negative way,
I agree, lay off the booze.

Social drinking with business contacts is called "networking". It
works...

I used to own my own business and worked the big trade shows...a lot of
times I made more money off of one deal at the bar after the show than I
did during the show. Quite often doing business "away from the office",
nets you bigger gains because the atmosphere is more relaxed and you're
both on equal turf. It has nothing to do with being a big wig or rich to
begin with..it's called networking.