deregulation

SEE UPDATE/CORRECTION BELOW Today is International Beer Day,* and if you’re a lover of fine micro-brews (and I know you are), you have but one person to thank. No, not Jim Koch. The person you must thank is none other than former President Jimmy Carter. E.D. Kain explains: To make a long story short, prohibition led to the dismantling of many small breweries around the nation. When prohibition was lifted, government tightly regulated the market, and small scale producers were essentially shut out of the beer market altogether. Regulations imposed at the time greatly benefited the large...

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