Prohibition
Economists in the 1920s argued in favour of Prohibition. But economics didn鈥檛 yet have the idea of the 鈥渞ational criminal鈥�, which helps explain why the ban was so widely flouted.
Economists in the 1920s argued in favour of Prohibition, the short-lived attempt to ban sales of alcohol in the United States. They were worried about drunkenness affecting productivity. But economics didn鈥檛 yet have the idea of the 鈥渞ational criminal鈥�, which helps to explain why Prohibition was so widely flouted. Now debates are raging about whether cannabis should continue to be prohibited. Tim Harford reveals how a branch of economics called public choice theory has a surprising explanation for why alliances in favour of banning things can command such wide support.
Producer: Ben Crighton
Editor: Richard Vadon
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- Wed 20 Nov 2019 13:45麻豆社 Radio 4
- Fri 2 Oct 2020 23:30麻豆社 Radio 4
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