When prohibition ended in 1933, laws were passed that regulated the sale of alcoholic beverages, ostensibly to protect wholesalers from the depredations of suppliers and the public from the ill effects of alcohol. This book examines the monopoly protection laws, also known as franchise termination laws, and how they lock suppliers into government-mandated contracts with alcohol wholesalers that affect consumers by raising prices and reducing the quality of alcoholic products and services. This study also investigates the notion that alcohol consumption is a sin and how legal restrictions have substituted the moral judgment of legislators for that of the consumer. Strange Brew demonstrates that the monopoly protection laws reflect powerful special interests in the political process who use such measures to control markets, shield themselves from competition and consumer preferences, and set prices with relative impunity. This book will be of great value to those in the alcoholic beverage industry as well as to students of economics, regulation, and public policy.
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Editorial Reviews
Review
"Makes a strong case for the abolition [of alcohol beverage monopolies]. Anyone interested in markets will find this book fascinating." -- Gordon Tullock, professor of law and economics, George Mason University
"Provides a lucid summary of the economics and politics underlying these counterproductive laws. . . . of signal value to millions of consumers." -- William F. Sughart II, Barnard Distinguished Professor of Economics, University of Mississippi
"Provides a lucid summary of the economics and politics underlying these counterproductive laws. . . . of signal value to millions of consumers." -- William F. Sughart II, Barnard Distinguished Professor of Economics, University of Mississippi
About the Author
Douglas Glen Whitman is research fellow at The Independent Institute and assistant professor of economics at California State University at Northridge. He received his PhD in economics from New York University and has taught at the John Jay College of Criminal Justice and the Institute for Humane Studies at George Mason University. His articles have appeared in such scholarly journals as Journal of Legal Studies, Critical Review, and Constitutional Political Economy.
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3 of 11 people found the following review helpful:
1.0 out of 5 stars
Wrong Title,
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This review is from: Strange Brew: Alcohol and Government Monopoly (Paperback)
This book really deals with Franchise law in the alcohol beverage industry and is very limited in other aspects.
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Inside This Book
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First Sentence:
Although the Prohibition era ended almost seventy years ago, the alcoholic beverage industry remains one of the most regulated business in the United States. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
franchise termination laws, alcohol wholesalers, market power argument, alcohol industry, other wholesalers, exclusive territories, vertical restraints Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Although the Prohibition era ended almost seventy years ago, the alcoholic beverage industry remains one of the most regulated business in the United States. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
franchise termination laws, alcohol wholesalers, market power argument, alcohol industry, other wholesalers, exclusive territories, vertical restraints Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States New!
Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 13
books:
See all 13 books this book cites
- Business Law in Back Matter (1), and Back Matter (2)
- Health Care (Careers Without College) by Susan Gordon in Back Matter
- Antitrust and Monopoly: Anatomy of a Policy Failure (Independent Studies in Political Economy) by Dominick T. Armentano in Back Matter
- Economic Analysis of Accident Law by Steven Shavell in Back Matter
- Freedom, Feminism, and the State: An Overview of Individualist Feminism (Independent Studies in Political Economy) by Wendy McElroy in Back Matter
See all 13 books this book cites
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