The economics of banning alcohol

After several countries banned alcohol as part of their lockdown measures, we ask if prohibition ever works? Ed Butler reports from South Africa, where a recent ban on alcohol was welcomed by some healthcare professionals and those fighting violence in the country. Harvard economist Jeffrey Miron and University of California criminologist Emily Owens discuss whether limits on alcohol are ever really effective. (Photo: A man takes beers from a fridge inside a liquor shop in Soweto, Johannesburg, on June 1, 2020; Credit: Getty Images)