remained below pre-Prohibition levels until the 1940s
In other words, effect of 10 years of prohibition lasted for 10 years past the repeal. That sounds to me like a really small effect.
Let’s put this in context. Here is a table from Rorabaugh and the graph:
In other words, effect of 10 years of prohibition lasted for 10 years past the repeal. That sounds to me like a really small effect.
Let’s put this in context. Here is a table from Rorabaugh and the graph: