Profits, Power, and Prohibition

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Author :
Publisher : State University of New York Press
ISBN 13 : 1438418299
Total Pages : 312 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Profits, Power, and Prohibition by : John J. Rumbarger

Download or read book Profits, Power, and Prohibition written by John J. Rumbarger and published by State University of New York Press. This book was released on 1989-08-15 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study of America's anti-liquor/anti-drug movement from its origins in the late eighteenth century through the repeal of the Eighteenth Amendment in 1933. It examines the role that capitalism played in defining and shaping this reform movement. Rumbarger challenges conventional explanations of the history of this movement and offers compelling counter-arguments to explain the movement's historical development. He successfully links the ethics of business enterprise and those of moral reform of society for the betterment of enterprise. The author reveals how readily economic power is transformed—first into social power and finally into political power in the context of a bourgeois democracy. He shows that the motivation driving this reform movement was not religiosity, but profit, and that anti-liquor capitalists viewed the "human equation" as determinant of America's prospect for creating wealth.

Profits, Power, and Prohibition

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Author :
Publisher : SUNY Press
ISBN 13 : 9780887067822
Total Pages : 312 pages
Book Rating : 4.0/5 (678 download)

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Book Synopsis Profits, Power, and Prohibition by : John J. Rumbarger

Download or read book Profits, Power, and Prohibition written by John J. Rumbarger and published by SUNY Press. This book was released on 1989-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study of America's anti-liquor/anti-drug movement from its origins in the late eighteenth century through the repeal of the Eighteenth Amendment in 1933. It examines the role that capitalism played in defining and shaping this reform movement. Rumbarger challenges conventional explanations of the history of this movement and offers compelling counter-arguments to explain the movement's historical development. He successfully links the ethics of business enterprise and those of moral reform of society for the betterment of enterprise. The author reveals how readily economic power is transformed--first into social power and finally into political power in the context of a bourgeois democracy. He shows that the motivation driving this reform movement was not religiosity, but profit, and that anti-liquor capitalists viewed the "human equation" as determinant of America's prospect for creating wealth.

Last Call

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Author :
Publisher : Simon and Schuster
ISBN 13 : 9781439171691
Total Pages : 480 pages
Book Rating : 4.1/5 (716 download)

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Book Synopsis Last Call by : Daniel Okrent

Download or read book Last Call written by Daniel Okrent and published by Simon and Schuster. This book was released on 2010-05-11 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brilliant, authoritative, and fascinating history of America’s most puzzling era, the years 1920 to 1933, when the U.S. Constitution was amended to restrict one of America’s favorite pastimes: drinking alcoholic beverages. From its start, America has been awash in drink. The sailing vessel that brought John Winthrop to the shores of the New World in 1630 carried more beer than water. By the 1820s, liquor flowed so plentifully it was cheaper than tea. That Americans would ever agree to relinquish their booze was as improbable as it was astonishing. Yet we did, and Last Call is Daniel Okrent’s dazzling explanation of why we did it, what life under Prohibition was like, and how such an unprecedented degree of government interference in the private lives of Americans changed the country forever. Writing with both wit and historical acuity, Okrent reveals how Prohibition marked a confluence of diverse forces: the growing political power of the women’s suffrage movement, which allied itself with the antiliquor campaign; the fear of small-town, native-stock Protestants that they were losing control of their country to the immigrants of the large cities; the anti-German sentiment stoked by World War I; and a variety of other unlikely factors, ranging from the rise of the automobile to the advent of the income tax. Through it all, Americans kept drinking, going to remarkably creative lengths to smuggle, sell, conceal, and convivially (and sometimes fatally) imbibe their favorite intoxicants. Last Call is peopled with vivid characters of an astonishing variety: Susan B. Anthony and Billy Sunday, William Jennings Bryan and bootlegger Sam Bronfman, Pierre S. du Pont and H. L. Mencken, Meyer Lansky and the incredible—if long-forgotten—federal official Mabel Walker Willebrandt, who throughout the twenties was the most powerful woman in the country. (Perhaps most surprising of all is Okrent’s account of Joseph P. Kennedy’s legendary, and long-misunderstood, role in the liquor business.) It’s a book rich with stories from nearly all parts of the country. Okrent’s narrative runs through smoky Manhattan speakeasies, where relations between the sexes were changed forever; California vineyards busily producing “sacramental” wine; New England fishing communities that gave up fishing for the more lucrative rum-running business; and in Washington, the halls of Congress itself, where politicians who had voted for Prohibition drank openly and without apology. Last Call is capacious, meticulous, and thrillingly told. It stands as the most complete history of Prohibition ever written and confirms Daniel Okrent’s rank as a major American writer.

Thompson Abridged Reference Bible-KJV

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Author :
Publisher : Kirkbride Bible Company
ISBN 13 : 9780887075643
Total Pages : 1827 pages
Book Rating : 4.0/5 (756 download)

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Book Synopsis Thompson Abridged Reference Bible-KJV by : Kirkbride Bible Company

Download or read book Thompson Abridged Reference Bible-KJV written by Kirkbride Bible Company and published by Kirkbride Bible Company. This book was released on 2007-02-01 with total page 1827 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The War on Alcohol: Prohibition and the Rise of the American State

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Author :
Publisher : W. W. Norton & Company
ISBN 13 : 0393248798
Total Pages : 384 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis The War on Alcohol: Prohibition and the Rise of the American State by : Lisa McGirr

Download or read book The War on Alcohol: Prohibition and the Rise of the American State written by Lisa McGirr and published by W. W. Norton & Company. This book was released on 2015-11-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[This] fine history of Prohibition . . . could have a major impact on how we read American political history.”—James A. Morone, New York Times Book Review Prohibition has long been portrayed as a “noble experiment” that failed, a newsreel story of glamorous gangsters, flappers, and speakeasies. Now at last Lisa McGirr dismantles this cherished myth to reveal a much more significant history. Prohibition was the seedbed for a pivotal expansion of the federal government, the genesis of our contemporary penal state. Her deeply researched, eye-opening account uncovers patterns of enforcement still familiar today: the war on alcohol was waged disproportionately in African American, immigrant, and poor white communities. Alongside Jim Crow and other discriminatory laws, Prohibition brought coercion into everyday life and even into private homes. Its targets coalesced into an electoral base of urban, working-class voters that propelled FDR to the White House. This outstanding history also reveals a new genome for the activist American state, one that shows the DNA of the right as well as the left. It was Herbert Hoover who built the extensive penal apparatus used by the federal government to combat the crime spawned by Prohibition. The subsequent federal wars on crime, on drugs, and on terror all display the inheritances of the war on alcohol. McGirr shows the powerful American state to be a bipartisan creation, a legacy not only of the New Deal and the Great Society but also of Prohibition and its progeny. The War on Alcohol is history at its best—original, authoritative, and illuminating of our past and its continuing presence today.

Smugglers, Bootleggers, and Scofflaws

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Author :
Publisher : SUNY Press
ISBN 13 : 1438448163
Total Pages : 176 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Smugglers, Bootleggers, and Scofflaws by : Ellen NicKenzie Lawson

Download or read book Smugglers, Bootleggers, and Scofflaws written by Ellen NicKenzie Lawson and published by SUNY Press. This book was released on 2013-12-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses previously unstudied Coast Guard records for New York City and environs to examine the development of Rum Row and smuggling in New York City during Prohibition. With the passage of the Eighteenth Amendment, “drying up” New York City promised to be the greatest triumph of the proponents of Prohibition. Instead, the city remained the nation’s greatest liquor market. Smugglers, Bootleggers, and Scofflaws focuses on liquor smuggling to tell the story of Prohibition in New York City. Using previously unstudied Coast Guard records from 1920 to 1933 for New York City and environs, Ellen NicKenzie Lawson examines the development of Rum Row and smuggling via the coasts of Long Island, the Long Island Sound, the Jersey shore, and along the Hudson and East Rivers. Lawson demonstrates how smuggling syndicates on the Lower East Side, the West Side, and Little Italy contributed to the emergence of the Broadway Mob. She also explores New York City’s scofflaw population—patrons of thirty thousand speakeasies and five hundred nightclubs—as well as how politicians Fiorello La Guardia, James “Jimmy” Walker, Nicholas Murray Butler, Pauline Morton Sabin, and Al Smith articulated their views on Prohibition to the nation. Lawson argues that in their assertion of the freedom to drink alcohol for enjoyment, New York’s smugglers, bootleggers, and scofflaws belong in the American tradition of defending liberty. The result was the historically unprecedented step of repeal of a constitutional amendment with passage of the Twenty-first Amendment in 1933.

Smashing the Liquor Machine

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Author :
Publisher : Oxford University Press
ISBN 13 : 0190841591
Total Pages : 753 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Smashing the Liquor Machine by : Mark Lawrence Schrad

Download or read book Smashing the Liquor Machine written by Mark Lawrence Schrad and published by Oxford University Press. This book was released on 2021-06-22 with total page 753 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the history of temperance and prohibition as you've never read it before: redefining temperance as a progressive, global, pro-justice movement that affected virtually every significant world leader from the eighteenth through early twentieth centuries. When most people think of the prohibition era, they think of speakeasies, rum runners, and backwoods fundamentalists railing about the ills of strong drink. In other words, in the popular imagination, it is a peculiarly American history. Yet, as Mark Lawrence Schrad shows in Smashing the Liquor Machine, the conventional scholarship on prohibition is extremely misleading for a simple reason: American prohibition was just one piece of a global phenomenon. Schrad's pathbreaking history of prohibition looks at the anti-alcohol movement around the globe through the experiences of pro-temperance leaders like Vladimir Lenin, Leo Tolstoy, Thomás Masaryk, Kemal Atatürk, Mahatma Gandhi, and anti-colonial activists across Europe, Asia, Africa, and the Middle East. Schrad argues that temperance wasn't "American exceptionalism" at all, but rather one of the most broad-based and successful transnational social movements of the modern era. In fact, Schrad offers a fundamental re-appraisal of this colorful era to reveal that temperance forces frequently aligned with progressivism, social justice, liberal self-determination, democratic socialism, labor rights, women's rights, and indigenous rights. Placing the temperance movement in a deep global context, forces us to fundamentally rethink its role in opposing colonial exploitation throughout American history as well. Prohibitionism united Native American chiefs like Little Turtle and Black Hawk; African-American leaders Frederick Douglass, Ida Wells, and Booker T. Washington; suffragists Elizabeth Cady Stanton, Susan B. Anthony, and Frances Willard; progressives from William Lloyd Garrison to William Jennings Bryan; writers F.E.W. Harper and Upton Sinclair, and even American presidents from Thomas Jefferson and Abraham Lincoln to Theodore Roosevelt and Woodrow Wilson. Progressives rather than puritans, the global temperance movement advocated communal self-protection against the corrupt and predatory "liquor machine" that had become exceedingly rich off the misery and addictions of the poor around the world, from the slums of South Asia to the beerhalls of Central Europe to the Native American reservations of the United States. Unlike many traditional "dry" histories, Smashing the Liquor Machine gives voice to minority and subaltern figures who resisted the global liquor industry, and further highlights that the impulses that led to the temperance movement were far more progressive and variegated than American readers have been led to believe.

Alcohol and Public Policy

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Author :
Publisher : National Academies Press
ISBN 13 : 0309031494
Total Pages : 478 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Alcohol and Public Policy by : National Research Council

Download or read book Alcohol and Public Policy written by National Research Council and published by National Academies Press. This book was released on 1981-02-01 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dry Manhattan

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Publisher : Harvard University Press
ISBN 13 : 0674040090
Total Pages : 361 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Dry Manhattan by : Michael A. Lerner

Download or read book Dry Manhattan written by Michael A. Lerner and published by Harvard University Press. This book was released on 2009-06-30 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1919, the United States made its boldest attempt at social reform: Prohibition. This "noble experiment" was aggressively promoted, and spectacularly unsuccessful, in New York City. In the first major work on Prohibition in a quarter century, and the only full history of Prohibition in the era's most vibrant city, Lerner describes a battle between competing visions of the United States that encompassed much more than the freedom to drink.

Prohibition Gangsters

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Publisher : Rutgers University Press
ISBN 13 : 0813561167
Total Pages : 280 pages
Book Rating : 4.8/5 (135 download)

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Book Synopsis Prohibition Gangsters by : Marc Mappen

Download or read book Prohibition Gangsters written by Marc Mappen and published by Rutgers University Press. This book was released on 2013-06-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master story teller Marc Mappen applies a generational perspective to the gangsters of the Prohibition era—men born in the quarter century span from 1880 to 1905—who came to power with the Eighteenth Amendment. On January 16, 1920, the Eighteenth Amendment to the Constitution went into effect in the United States, “outlawing the manufacture, sale, or transportation of intoxicating liquors.” A group of young criminals from immigrant backgrounds in cities around the nation stepped forward to disobey the law of the land in order to provide alcohol to thirsty Americans. Today the names of these young men—Al Capone, Lucky Luciano, Dutch Schultz, Legs Diamond, Nucky Johnson—are more familiar than ever, thanks in part to such cable programs as Boardwalk Empire. Here, Mappen strips way the many myths and legends from television and movies to describe the lives these gangsters lived and the battles they fought. Placing their criminal activities within the context of the issues facing the nation, from the Great Depression, government crackdowns, and politics to sexual morality, immigration, and ethnicity, he also recounts what befell this villainous group as the decades unwound. Making use of FBI and other government files, trial transcripts, and the latest scholarship, the book provides a lively narrative of shootouts, car chases, courtroom clashes, wire tapping, and rub-outs in the roaring 1920s, the Depression of the 1930s, and beyond. Mappen asserts that Prohibition changed organized crime in America. Although their activities were mercenary and violent, and they often sought to kill one another, the Prohibition generation built partnerships, assigned territories, and negotiated treaties, however short lived. They were able to transform the loosely associated gangs of the pre-Prohibition era into sophisticated, complex syndicates. In doing so, they inspired an enduring icon—the gangster—in American popular culture and demonstrated the nation’s ideals of innovation and initiative. View a three minute video of Marc Mappen speaking about Prohibition Gangsters.

Yuengling

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Publisher : McFarland
ISBN 13 : 9780786486595
Total Pages : 231 pages
Book Rating : 4.4/5 (865 download)

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Book Synopsis Yuengling by : Mark A. Noon

Download or read book Yuengling written by Mark A. Noon and published by McFarland. This book was released on 2015-09-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can you name America’s oldest brewery? If visions of outsized draft horses plod to mind, you’re way off. Instead, head for the mountains—of northeastern Pennsylvania. In 1829, in Pottsville, German immigrant D.G. Yuengling set up shop to slake the thirst of immigrants flocking to the region’s booming anthracite coalfields. Five generations have steered the family-owned brewery through fires, temperance, depressions, Prohibition, and the whims of changing tastes; outlasted hundreds of local competitors; and turned Yuengling from a regional name into a national institution. For 175 years, the hard-working, hands-on approach of Yuengling has kept it going, and growing, while thousands of other brands vanished into history’s recycling bin. Kick back, relax, and crack open a cool history of Yuengling and Son, Inc., America’s oldest brewery. It begins with the brewery’s founding in 1829 by German immigrant D.G. Yuengling, who saw an opportunity in the region’s growing, beer-loving immigrant population. Subsequent chapters follow the brewery into the age of bottled beer and advertising; through the dark days of Prohibition; the age of consolidation, when a few big names swallowed up or buried most regional brews; and into the age of microbrews, when consumers turned away from bland brands in search of a beer with character, leading to Yuengling’s resurgence on the national scene. An epilogue gauges the company’s current status and immediate future, and a chronology lists key events in the brewery’s existence. Notes and copious illustrations supplement this history, which also includes a list of reference works, and an index.

Waste Not

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Publisher : State University of New York Press
ISBN 13 : 143847671X
Total Pages : 308 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Waste Not by : Tanhum S. Yoreh

Download or read book Waste Not written by Tanhum S. Yoreh and published by State University of New York Press. This book was released on 2019-12-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2020 Canadian Jewish Literary Award in the category of Jewish Thought and Culture Bal tashḥit, the Jewish prohibition against wastefulness and destruction, is considered to be an ecological ethical principle by contemporary Jewish environmentalists. Waste Not provides a comprehensive intellectual history of this concept, charting its evolution from the Bible through classical rabbinic literature, commentaries, codes of law, responsa, and the works of modern environmentalists. Tanhum S. Yoreh uses the methodology of tradition histories to identify pivotal moments in the development of the prohibition—in particular, its transition into an economic framework. He finds that bal tashḥit's earliest stages of conceptualization connect the prohibition against wastefulness with avoidance of self-harm. This connection is commonplace within contemporary environmental thought and a universalizing Jewish principle with important contributions to be made to Jewish and general societal ecological discourse. This narrative provides a foundation for understanding bal tashḥit as an environmental ethic for today and tomorrow.

John D. Rockefeller, Jr.: A Portrait

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Author :
Publisher : Plunkett Lake Press
ISBN 13 :
Total Pages : 485 pages
Book Rating : 4./5 ( download)

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Book Synopsis John D. Rockefeller, Jr.: A Portrait by : Raymond B. Fosdick

Download or read book John D. Rockefeller, Jr.: A Portrait written by Raymond B. Fosdick and published by Plunkett Lake Press. This book was released on 2019-07-31 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Mr. Fosdick has written a biography in its formal meaning — fully documented, chronologically precise — and not simply a personal tribute to a friend of more than forty years’ standing. The book, in consequence, is both biography and history, satisfying all the rigorous canons of personal and social analysis. It is to be read as part of the history of our time and as the record of a man of as much consequence to us as have been those other leaders and creators among his contemporaries who have affected public conduct. What we have here, then, is the narrative of a rich man who overcame the almost impossible handicaps of great wealth, limited religious upbringing, and a narrow and protective family circle. He might have become defensive and suspicious, or a recluse cultivating private and expensive hobbies, or a popular leader and therefore a demagogue (such patterns of the behavior of men of inherited fortunes are familiar throughout history), but instead he was able to grow and to assume great, national obligations. What might have been a puzzle slowly disappears under Mr. Fosdick’s skillful scholarship and his deep regard for his friend. The young Rockefeller (he is called throughout the book ‘JDR Jr.’), as early as 1910, when he was 36, severed his direct connections with business: did he do so because of a real or unconscious rejection of his father? Quite the contrary; father and son early forged strong bonds of mutual affection and respect, but while there never was hostility on the part of the son, neither was there subservience. JDR Jr. continued to support the philanthropies founded by the older man, the Rockefeller Institute for Medical Research, the General Education Board, and the Rockefeller Foundation, and to expand them; did he do this because he, like other men in public life — like Theodore Roosevelt, Woodrow Wilson, Louis D. Brandeis — was inevitably swept up in the ‘reform movement’ of the day? That was only a part, and possibly a minor one, of his development. For as his tastes became surer and his vocation clearer, he ranged wider and wider until his interests were as large as those of his country and his world. As one goes over the catalogue of his benefactions and interests — none ever representing a perfunctory concern, most requiring long years of careful planning with a devotion to exact detail that only the truly outstanding seem to possess — one grasps the sweep and boldness of JDR Jr.’s mind. Williamsburg; the Cloisters; Rockefeller Center; the Museum of Modern Art; the restoration of the Athenian Agora; Rheims, Versailles, Fontainebleau; Negro education; the four International Houses; Jackson Hole and the Jersey Palisades; the Library of the League of Nations at Geneva, and the site of the U.N. at New York; the interdenominational movement; the long battle to achieve industrial understanding in two decades marked by bitter strife between management and labor: this is only a partial list. Mr. Fosdick seeks the key to the Rockefellers in some observations made by Frederick T. Gates, that restless and fascinating man who had such a great influence on the lives of both father and son. In 1905, Gates wrote to the father: ‘Two courses are open to you. One is that you and your children while living should make final disposition of this great fortune in the form of permanent corporate philanthropies for the good of mankind... or at the close of a few lives now in being it must simply pass into the unknown, like some other great fortunes, with unmeasured and perhaps sinister possibilities.’ In 1929, Gates was satisfied, for he put down in a private document these remarks concerning JDR Jr.: ‘I have known no man who entered life more absolutely dominated by his sense of duty, more diligent in the quest of the right path, more eager to follow it at any sacrifice.’” — Louis M. Hacker, The New York Times “The central theme of Raymond B. Fosdick’s book is its subject’s career as a philanthropist... This is not an impartial book and was not so intended. Mr. Fosdick is an admiring friend and associate of the man of whom he writes. But if the book is understandably friendly to John D. Rockefeller, Jr., it is also an honest book.” — John D. Hicks, The Saturday Review

The Search for Social Peace

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Publisher : State University of New York Press
ISBN 13 : 1438421389
Total Pages : 282 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis The Search for Social Peace by : Judith F. Stone

Download or read book The Search for Social Peace written by Judith F. Stone and published by State University of New York Press. This book was released on 1985-08-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last one hundred years, programmatic social reform legislation has increasingly been accepted as an essential economic, social and political component of advanced capitalist nations. The Search for Social Peace investigates the reform movement in France—from its origins in the 1890s until the First World War—and details the struggle to end class conflict and achieve social peace. Who the reformers were, what they argued and how successful they were in fulfilling their promises are among the questions answered in The Search for Social Peace. Facing the pressures of an industrializing economy and the rise of an active, enfranchised working class, French reformers coalesced into a parliamentary force which, by 1910, could claim passage of a number of major reform laws. Judith Stone examines the results of this reform effort and demonstrates why legislation failed to alter deeply entrenched patterns in labor relations. Her study deepens our understanding of the social and political stalemate during the Third Republic. Social legislation, its cost and impact on the labor market and labor relations, is again the subject of intense debate. The current political climate makes all the more relevant the earlier reform effort, its supporters, their goals, their opponents—all of which are covered in this lucid work.

Model Rules of Professional Conduct

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Author :
Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Risk, Uncertainty and Profit

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Author :
Publisher : Cosimo, Inc.
ISBN 13 : 1602060053
Total Pages : 401 pages
Book Rating : 4.6/5 (2 download)

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Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight

Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Intemperate Spirits

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Author :
Publisher : Springer
ISBN 13 : 3030253287
Total Pages : 165 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Intemperate Spirits by : Alice Louise Kassens

Download or read book Intemperate Spirits written by Alice Louise Kassens and published by Springer. This book was released on 2019-08-02 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using the basic economic principle of making decisions using a cost-benefit framework—and how changes in one or the other can result in a different decision—this book uncovers how various groups responded to incentives provided by the Prohibition legislation. Using this calculus, it is clear that even criminals are rational characters, responding to incentives and opportunities provided by the 18th Amendment and the Volstead Act. The book begins with a broad look at the adaptations of the law’s targets: the wine, beer, and liquor industries. It then turns to specific people (Violators, Line Tip-Toers, Enablers, and Hypocrites), sharing their stories of economic adaptation to bring economic lessons to life. Due to its structure, the book can be read in parts or as a whole and is suitable for short classroom reading assignments or individual pleasure reading.