Secret Gyms And The Economics Of Prohibition

Welcome to the COVID-19 Prohibition era, when gym rats have gone underground.

Governments can legislate all they want, but prohibiting stuff with eager buyers and sellers is super hard, says Jeffrey Miron, an economist at Harvard University who has spent three decades studying prohibitions. Miron, who these days is legally working out in his basement, says there’s a simple lesson that emerges from his studies: “Prohibitions don’t eliminate things. They drive them underground.” And that comes with a whole host of unintended consequences… READ MORE @ NPR