What effect did Prohibition have on the Roaring Twenties?

[Tpoints]

Any history teachers care to share?

[oyarde]

Is there something specific you would like to know ?

[dannno]

Probably inflamed money laundering similar to what it does today.

[Tpoints]

Is there something specific you would like to know ?

Yes.

1) did prohibition keep more people sober, which made the roaring twenties safer, saner (would alcohol have made the parties less fun, more crimes make the economy less stable?)

2) would the economy have been better or worse if alcohol were legal?

[oyarde]

#1 , prohibition had no effect on sobriety . #2 Econmic growth , in some areas was a combination , to keep it simple, of these factors; improvements in tech, due to the war , mass production/ assembly line , etc, this was urban, agriculture, was distressed , prices low.This caused farmers who were not free and clear to lose back to the banks. the economy lapse came from borrowing, inflating stock prices,speculating in stocks with borowed money. When some companies reported lower than expected earnings , the collapse started.

[dannno]

Drinking was "the thing to do" and you had to be "in the know" and "a cool cat" in order to do it. So of course virtually everybody wanted to do it.

[oyarde]

There , is also the human factor ,many,many were killed by the war, then , many many,many were killed by the killer flu ,so, if you were alive , it, was a good thing .....

[loveshiscountry]

The number of drinkers fell, the consumption rose. There were less partiers, they were just tons louder.

[Tpoints]

There , is also the human factor ,many,many were killed by the war, then , many many,many were killed by the killer flu ,so, if you were alive , it, was a good thing .....

is it another way of saying that the life was easier for those lucky to be alive, because there was less people worrying about unemployment?

[Xerographica]

Prohibition provides a good example of the division of labor between politics and economics.

Politics - Voters determine whether alcohol should be illegal

Economics - Taxpayers should have determined how much of their own individual taxes they gave to the agency that enforced prohibition

With our current system we use politics to answer economic questions. It's not up to taxpayers to decide how much of their own taxes they give to the DEA...it's up to government planners to decide.

Economics can be understood with the help of these common sayings...

• Actions speak louder than words
• Put your money where your mouth is
• There's no such thing as a free lunch
• You can't have your cake and eat it too

If people choose to vote for something...then they should be willing to use their own taxes to help fund it.