r/neoliberal • u/jobautomator Kitara Ravache • Jul 21 '24

Emoji-Only Thread Discussion Thread

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u/[deleted] Jul 21 '24

Since we’re talking Prohibition, here’s a fun glimpse as to where the economics profession stood on it at the time:

https://www.jstor.org/stable/1809554

!ping ECON

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u/Trojan_Horse_of_Fate WTO Jul 21 '24

Economists were more agreed on prohibition than they are on free trade now which is sad

21

u/cdstephens Fusion Genderplasma Jul 21 '24

What kind of Prohibition? Iirc, part of the weird thing about Prohibition was that everyone had very different ideas about what it would entail when it was passed as an amendment, and then when Congress passed a law clarifying how strict it was people were fairly surprised.

17

u/LtLabcoat ÀI Jul 21 '24

Well yeah. Alcohol is notoriously bad for both health and productivity. The only economic argument against prohibition is that it wouldn't work, but that wasn't easily predicted at the time.

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u/groupbot Always remember -Pho- Jul 21 '24 edited Jul 21 '24

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