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Tag Archives: bootleggers and baptists
Taxes, Moonshine, and State Building
I have to admit an ulterior motive behind Friday’s post. We discussed the Alchian-Allen theorem, which states that adding a fixed cost (usually but not necessarily for transportation) to the price of a good leads consumers to purchase more of the high … Continue reading
Posted in Uncategorized
Tagged behavior, bootleggers and baptists, crime, culture, data, drugs, economics, education, entertainment, history, law enforcement, political science, politics, prohibition, taxes, technology, transportation, violence
2 Comments
More Unintended Consequences of Cigarette Taxes
We have been talking about drug dealing this week, and today we turn our attention to the smuggling of a legal drug product: cigarettes. Differential state tax rates on cigarettes have unintended consequences, which we have discussed before. “Tobacco Road” … Continue reading
Posted in Uncategorized
Tagged behavior, black markets, bootleggers and baptists, crime, drugs, economics, political science, politics, public policy, rationality, smuggling, taxes, transportation
3 Comments
