Prohibition
latest news & developmentsUnintended consequences of tax legislation
Tax laws can be a major factor in giving rise to black markets in order to evade the taxes
The tobacco sales ban is a giant stimulus package for organised crime
We should learn from history that prohibitions tend not to work, even if the intention is good
US drinks to 75 years since end of Prohibition
Americans will on Friday toast the 75th anniversary of the end of Prohibition, which began in 1920 and was repealed in 1933 on economic grounds.