End the duopoly

Prohibition began 100 years ago – here’s a look at its economic impact

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New York restaurant with a sign in the shop window: ‘No Booze Sold Here – Booze Hounds Please Stay Out.’ Ullstein bild | Getty Images Prohibition, which began 100 years ago Friday, didn’t just put the squeeze on the booze industry. It took a much broader toll on the American economy. On Jan. 17, 1920, the United States stumbled into a dry era following the ratification of the 18th Amendment and the passage of […]

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