Libertarian Girl has a new video about beer and it’s great. She uses the beer market from the 1870s through today as a emblematic example of the dangers of regulation and the liberating effect of deregulation. In short, corporations love regulation, as it squeezes out their competitors. Eliminate regulation and watch as competition thrives.
Check it out:
In the 1870s, there were 3,200 breweries in America. After a new regulation passed in 1978, those numbers dwindled down to a mere 42. In the present day, after deregulation in 1979, there are now 2,500 plus breweries in the United States.
Competition is a beautiful thing. Choice is a beautiful thing. Don’t let bureaucrats convince you that regulation is good when regulation only lines the pockets of their corporate benefactors and themselves.
By the way, here is my favorite beer: Blue Moon with an orange slice. Sweet, smooth and divine.