4 ms·
Craft beer isn't a good staple to base price measurements on, the industry is affected by regulations that other industries don't have to bear (liquor tax, comp
by drak0n1c 9y ago
Craft beer isn't a good staple to base price measurements on, the industry is affected by regulations that other industries don't have to bear (liquor tax, compliance regulations, etc). Also craft beer is susceptible to fads and popularity, so it can experience "fashion pricing".
- xkjkls 9y agoTren Griffin was using the craft beer revolution to point out the absurdity of certain measures of GDP and productivity recently: https://twitter.com/trengriffin/status/975077311857950721 https://twitter.com/trengriffin/status/975077311857950721 When will the American hipsters craving hoppy IPAs ever think about the economist's productivity statistics?!