Prohibition
…
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…stock market crash of 1929. Prohibition did not improve productivity or
reduce absenteeism. In contrast, private regulation of employees' drinking improved
productivity, reduced absenteeism, and reduced industrial accidents wherever it was tried
before, during, and after Prohibition. Prohibition did not achieve its goals. Instead, it added to
the problems it was intended to solve and supplanted other ways of addressing problems. The
only beneficiaries of Prohibition were bootleggers, crime bosses, and the forces of big
government.
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