SimpleDon
Veteran Member
A prime example of Say's law in action?
Innovation and supply creating its own demand?
Economics aside, why?
What are the advantages of powdered alcohol over the liquid type?
No, you can't snort it, it burns the nose and it would take an hour to snort an jigger's worth.
You can't ingest the powder comfortably, it turns into a hard to swallow gel when it hits the moisture in the mouth.
They seem to have covered the obvious misuses of the product. But as Brandon Korman, chief of neuropsychology at Miami Children's Hospital says here,
It would be marginally easier to sneak into places. I go to a bluegrass music venue that doesn't allow alcohol with friends who constantly try to sneak alcohol in. Two of them are only one violation away from a lifetime ban. They already have their pictures posted next to the bad checks. (I can recommend Everett's (now Suwanee, but no one calls it that) Music Barn for a wholesome, sober, good time, in the far exburbs of Atlanta, God's country, ~30 miles from downtown. Youtube here, web site here.)
As for the economics this isn't an example of supply creating its own demand, it is an example of innovation creating an alternative product to satisfy part of the existing demand for alcohol.
And no, most things in politics are not ultimately about economics.
Everything in politics is ultimately about economics.
Innovation and supply creating its own demand?
Economics aside, why?
What are the advantages of powdered alcohol over the liquid type?
No, you can't snort it, it burns the nose and it would take an hour to snort an jigger's worth.
You can't ingest the powder comfortably, it turns into a hard to swallow gel when it hits the moisture in the mouth.
They seem to have covered the obvious misuses of the product. But as Brandon Korman, chief of neuropsychology at Miami Children's Hospital says here,
Although there might be some people who abuse the product, this does not mean it should be banned, Korman argued. "People are going to find ways to abuse pretty much anything," Korman said.
It would be marginally easier to sneak into places. I go to a bluegrass music venue that doesn't allow alcohol with friends who constantly try to sneak alcohol in. Two of them are only one violation away from a lifetime ban. They already have their pictures posted next to the bad checks. (I can recommend Everett's (now Suwanee, but no one calls it that) Music Barn for a wholesome, sober, good time, in the far exburbs of Atlanta, God's country, ~30 miles from downtown. Youtube here, web site here.)
As for the economics this isn't an example of supply creating its own demand, it is an example of innovation creating an alternative product to satisfy part of the existing demand for alcohol.
And no, most things in politics are not ultimately about economics.
Everything in politics is ultimately about economics.