Conservative Review
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America has a beer revolution; This is why Germany has crony CRAP
Posted
October 13, 2016
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721
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October 13, 2016
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• It’s Oktoberfest, and I’m thinking about how entrepreneurs have been disrupting the beer industry.
• Germany has a set of 500-year-old purity laws known as “the Reinheitsgebot.”
• But like many government regulations, these laws were put into place for one reason: protecting established industries from competition.
• Lawmakers should take a cue from Ludwig von Mises and think about where innovation come from.
• It’s only by allowing entrepreneurs to disrupt the status quote that progress is made.
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