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Intemperate Spirits

Economic Adaptation during Prohibition

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The book explores the rational decision-making of various groups during Prohibition, emphasizing how individuals and criminals alike responded to the incentives created by the legislation. By applying a cost-benefit analysis framework, it reveals the complexities of behavior in response to changing economic conditions, illustrating that even those on the fringes of legality operate within a logical decision-making process influenced by available opportunities.

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Intemperate Spirits, Alice Louise Kassens

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2019
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