Unit 1: A minimum price for alcohol; a way of reducing market failure?

Anforme/BBC have these informative articles on the proposal to have a minimum price for alcohol

http://www.anforme.co.uk/blog/?p=992
http://news.bbc.co.uk/1/hi/health/8447587.stm BBC video

a) Discuss whether there should be a minimum price on alcohol to reduce the market failure associate with its excessive consumption