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Bar Talk: Informal Social Interactions, Alcohol Prohibition, and Invention

  • Paper
  • Nov 18, 2019
  • #SocialInteraction #SocialScience
Michael Andrews
@MichaelAndrews
(Author)
papers.ssrn.com
Read on papers.ssrn.com
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To understand the importance of informal social interactions for invention, I examine a massive and involuntary disruption of informal social networks from U.S.

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David Perell @david_perell ยท Feb 21, 2020
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  • From ckarchive.com
This paper measures the importance of informal social interaction for innovation. It does so by measuring the decline in innovation when wet counties turned dry during the Prohibition and banned alcohol consumption. It turns out, the negative effects of banning alcohol on innovation lasted only three years, after which groups found new ways to socialize and generate new ideas. (Recommed in "Friday Finds")
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