Alcohol

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August 31, 2024 4 min read Definitions

Bootlegging: The Illegal Production and Distribution of Alcohol

History Economics Bootlegging Prohibition Illegal Trade Alcohol Organized Crime

An in-depth exploration of the illegal production and distribution of goods, particularly alcohol during the Prohibition era in the United States.

August 31, 2024 4 min read Definitions

Sin Taxes: Levies on Socially Harmful Goods

Economics Government Regulations Taxes Public Policy Social Welfare Tobacco Alcohol

Sin taxes are levies imposed on socially harmful goods such as tobacco and alcohol, aimed at reducing consumption and generating government revenue, though not always based on precise external cost calculations.