One of our fine students, Dan DiLoreto shares his insights on how local and state regulations stifle commerce and ultimately hurt not just consumers but workers too. Here is a bit:
The alcohol industry ultimately operates as a case study in how protectionist policies at both the national and the state level hurt growth and limit consumer choice. Trump’s tariffs exemplify this nationally, while legal strictures like Minnesota’s in-state grape requirement and the three-tier system demonstrate it on the state level. In both scenarios, businesses are often forced to raise costs and curtail investment in new innovations.
If consumers want to receive more products for a lower cost, battling protectionist policies is an essential step. This applies at the state level as much as on the national stage.
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