Prohibition - 50 Things That Made the Modern Economy

What this episode covers

When the US outlawed the manufacture and sale of alcoholic beverages, it inadvertently created one of the most successful black markets in the world. Tim Harford considers how much it costs to make something illegal, and what a failed law reveals about the way criminals make their money.

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Frequently Asked Questions

How long is this episode of 50 Things That Made the Modern Economy?

This episode is 10 minutes long.

When was this 50 Things That Made the Modern Economy episode published?

This episode was published on September 30, 2019.

What is this episode about?

When the US outlawed the manufacture and sale of alcoholic beverages, it inadvertently created one of the most successful black markets in the world. Tim Harford considers how much it costs to make something illegal, and what a failed law reveals...

Can I download this 50 Things That Made the Modern Economy episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.