Bootleggers and Baptists: An Economics Lesson
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Banning Sunday liquor sales pleases Baptists"”and also pleases bootleggers by increasing demand for their services.
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In the name of "stimulus," Washington is radically broadening its supervision of the economy, so it is time to ponder the paradox of the Baptists and the bootleggers: When politicians ban Sunday liquor sales, they please Baptists by purifying the Lord's Day, and they please bootleggers by stimulating demand for the bootleggers' services. So Baptists praise politicians who do... full article
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