Friday, May 30, 2008

North Korea Has Some of the Cheapest Beer in the World

I found it interesting that North Korea has some of the cheapest beer in the world, costing only 61 cents. Ethiopia is even cheaper at just 30 cents a beer. It's also interesting that dictatorships seem to have the cheapest beer.

Meanwhile the leftists' paradise of Norway charges you $13 for a beer, and I'm never visiting the Marshall Islands.


Regardless, it reminds me of the time I went to a town called Sublette, Kansas enroute to New Mexico. It was late at night and I was planning to make it all the way to Santa Fe when I decided to pull into the "Walk in Waddle Out" bar in town.

It was their grand opening and they had; 25 cent beers and $1 cocktails.

My vacation plans changed.
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3 comments:

  1. Anonymous11:15 AM

    Do dictatorships like a well-soused populace? They'll be too drunk to be effective, with lowered inhibitions you can spot the insurgents, and it'll keep the marginal supporters happier than if they were dry.

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  2. Anonymous10:07 PM

    I have a theory. Demand for alcohol is relatively inelastic and it doesn't take a whole lot of capital to produce it. That means that in a low income economy like those of most dictatorships, alcohol will be cheap because labor is cheap. In a wealthier economy, alcohol will be more expensive because labor is more expensive.

    As for Norway, when I checked the Big Mac index for 2007 they were paying something close to $7 for a Big Mac, so high prices for beer aren't exactly a surprise.

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  3. Cappy5:39 PM

    Hey, get that bottle away from Djibouti. They are Muslim, and aren't supposed to have any beer.

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