Tuesday, April 27, 2004

Roll Out the Beer Barrels

Beer is a relatively inexpensive beverage.  I can recall, back in 1975, a 12 pack of Bud costing $3.15 at the local convenience store.  Of course I really wasn’t supposed to be purchasing beer in 1975, but things were a bit different then.  Beer is still pretty cheap to purchase, overall, but in Norway, the govmint thinks beer is too cheap.

"Norwegians rushed out to stock up on beer on Friday after authorities ruled it was too cheap following an unprecedented price war in a nation used to some of the most expensive alcohol on earth."

Via the Mises Economics Blog.

Posted by John Venlet on 04/27 at 05:27 AM
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