I Am Reminded...

...why I quit...

My bottom line on this is that the vast majority of regulations curbing the distribution of alcoholic beverages in this country are misguided. Drunkenness is associated with a lot of problematic public health issues, but the correct way to address this is with taxes. Right now in the United States we undertax beer, and it’s cheaper than it ought to be, which deprives us of a lot of much-needed revenue and contributes to crime and other problems. But at the same time, a thicket of obscure regulations serve to protect incumbents from competition and senselessly reduce consumer choice.

... reading Matt Yglesias.

One thought on “I Am Reminded...

  1. platosearwax

    Last time I bought a Newcastle at a pub here it was $12 a pint. That’s called over taxed.

    Meanwhile, I think Yglesias is just trying to carve out a liberaltarian niche for himself. He seems obsessed with barriers to entry and regulations.

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