Friday, October 5, 2007

Economics and Beer cont...


What is perhaps most surprising about the beer case is that this is not a new problem brought about by a popular glass. The British have been requiring a government stamp on pint glasses used in pubs since 1699 to assure the 'punters' that they are getting a right measure of the best bitter. (Something by the way that is changing due to the vagaries of the EU) There you have not only an economically correct government regulation, but one that works beautifully - all parties are immediately satisfied that a full imperial pint is being served and the government has little to do, but licence glass manufacturers and verify on occasion that they are meeting the 20oz requirement. So why not in the US?

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