The standard, schoolbook history of alcohol prohibition in the United States goes like this:
Americans in 1920 embarked on a noble experiment to force everyone to give up drinking. Alas, despite its nobility, this experiment was too naive to work. It soon became clear that people weren't giving up drinking. Worse, it also became clear that Prohibition fueled mobsters who grew rich supplying illegal booze. So, recognizing the futility of Prohibition, Americans repealed it in 1934.
This popular belief is completely mistaken. Here's what really happened:
Read the entire column by Don Boudreaux
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