Cheers! A day worth celebrating

R Street's Nathan Leamer writes:

Even in the middle of a busy holiday season I find it is worth taking time to commemorate the end of Prohibition. Eighty-one years ago today the 18th Amendment was repealed and Americans could breathe–and drink–easy again.

For 13 years Americans were subject to the nanny-state experiment called Prohibition, during which the production, sale, and distribution of alcoholic beverages was illegal in the United States. But instead of a dry Utopia filled with rainbows and ponies, a violent black market emerged, jeopardizing the livelihood of many bystanders. This “Noble Experiment” had disastrous results with a host of unintended economic and social consequences.

Since the end of Prohibition, American entrepreneurs have embraced the economic opportunity a legal alcohol industry creates. But in many states hints of the Prohibition Era continue to exist....