tutor2u | Why have so many pubs closed?

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Why have so many pubs closed?

Graham Watson

13th November 2018

Back in the mists of time, an exam Data Response question looked at whether the government should intervene to protect Britain's pubs from closure. This is the perfect example of why such a policy would be wrongheaded: the market, like any other, is dynamic and subject to changing tastes, and, producers should adapt to changing tastes rather than rely on inefficient government intervention to protect them.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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