The Economics Of Prohibition (1890)

By James Champlin Fernald and Fernald James Champlin

Book Overview

The Economics of Prohibition is a book written by James Champlin Fernald in 1890. The book explores the economic implications of prohibition, which was a topic of great debate during the late 19th century. Fernald argues that prohibition is not only ineffective in reducing alcohol consumption, but it also has negative economic consequences.The book is divided into two parts. The first part examines the history of prohibition and the reasons why it was implemented. Fernald discusses the moral and social arguments for prohibition, as well as the economic arguments. He argues that prohibition is not only ineffective in reducing alcohol consumption, but it also leads to increased crime, corruption, and black market activity.The second part of the book focuses on the economic consequences of prohibition. Fernald argues that prohibition leads to a decrease in tax revenue, as well as increased government spending on enforcement. He also discusses the negative impact on industries that rely on alcohol, such as the brewing and distilling industries. Fernald concludes that prohibition is a failed policy and that it should be repealed.Overall, The Economics of Prohibition is a comprehensive analysis of the economic implications of prohibition. Fernald's arguments are still relevant today, as the debate over drug and alcohol prohibition continues. The book is a valuable resource for anyone interested in the history of prohibition or the economics of public policy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

• Format: Paperback
• Language: English
• ISBN: 1167240162
• ISBN13: 9781167240164
• Release Date: September 2010
• Publisher: Kessinger Publishing
• Length: 530 Pages
• Weight: 1.54 lbs.
• Dimensions: 1.1" x 6.0" x 9.0"