By D. Lanier Shook June 7, 2016
Asheville has become a mecca for breweries over the past few years and you can be certain every one of them will be watching Scotland as a court rules whether the Parliament can set a minimum alcohol prices. The general idea is that the more expensive alcohol is, the less irresponsible drinking will occur. But breweries aren’t the only ones that need to be watching this.
Bakeries, smokeshops, and even automotive dealerships should at least be aware of what’s going on here. Whatever someone feels about alcohol consumption, there’s someone out there who would enjoy modifying one of their behaviors one way or another. Price floors are one way to do that.
- Click here to read an incredible Wall Street Journal article about the story.
- Click here to read another good story in econlife, with links to other sites including the European Court’s informal opinion and a Lancet article about if this idea really helps.
- Click here to read a good article in The Australian Business Review about the case.
- Click here to read the Marketwatch story on the court decision.
This isn’t just a court decision about alcohol. This is a court decision about greenhouse gases and gasoline prices. This is a court decision about vaping. This is a court decision about how we regulate society and the behavior we want or don’t want. Its a story worth watching … especially in Asheville.