Economic Effects Of Prohibition During The 1920s

Mark Thornton conducts a policy analysis focuses on the effect of the national alcohol prohibition during the 1920s that continued until 1933. The analysis presents data that shows an increase on the following: Consumption of alcoholic beverages per capita during 1922 to 1929, the total expenditure on distilled spirits, the homicide rate, and the increase of crime rates. The sources of this analysis spawn from a great amount of economic journals, treatises, and even a book written by author of the analysis himself that focuses on the exact topic: the economic effects of