50 Things That Made the Modern Economy
50 Things That Made the Modern Economy
Prohibition
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5 October 2019
10 minutes
Available for over a year
When the US outlawed the manufacture and sale of alcoholic beverages, it inadvertently created one of the most successful black markets in the world. Tim Harford considers how much it costs to make something illegal, and what a failed law reveals about the way criminals make their money.
