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When the US outlawed the manufacture and sale of alcoholic beverages, it inadvertently created one of the most successful black markets in the world. Tim Harford considers how much it costs to make something illegal, and what a failed law reveals about the way criminals make their money.

Available now

10 minutes

Last on

Mon 7 Oct 2019 03:50GMT

Image credit

Two men pouring alcohol down a drain during prohibition in the US (Credit: Hulton Archive/Getty Images)

Broadcasts

  • Sat 5 Oct 2019 04:50GMT
  • Sat 5 Oct 2019 13:50GMT
  • Sun 6 Oct 2019 14:50GMT
  • Sun 6 Oct 2019 21:50GMT
  • Sun 6 Oct 2019 22:50GMT
  • Mon 7 Oct 2019 03:50GMT

Podcast