Bar Talk: Informal Social Interactions, Alcohol Prohibition, and Invention
- Paper
- Nov 18, 2019
- #SocialInteraction #SocialScience
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
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")