The wowsers over at the Institute for Alcohol (note, this translates as the Institute Against Alcohol) claim that supermarket booze has halved in price over the past three decades. This is not true, it’s not even what they themselves say. Instead, what they are saying is that wages, as measured in booze, have doubled over the 30 years. Given that this is actually a major aim of any economic policy, in fact of the very idea of having an economy, that we should all become richer over time this is a good thing, not a problem that needs to be solved.
Their own evidence thus shows that they should go boil their heads.
Supermarket booze is more than twice as cheap as it was in the 1980s: Experts warn that the low price of beer and wine has fuelled a health crisis
As Chris Snowdon continually points out there is no booze driven health crisis and alcohol consumption is actually down over time. But even then the prodnoses are wrong:
Supermarket alcohol is more than twice as affordable now as it was 30 years ago, researchers have found.
The price of beer, wine and spirits have risen far more slowly than wages since 1987, according to analysis by the Institute of Alcohol Studies.
Experts assessed alcohol prices against wages and inflation, and found supermarket beer is 188 per cent more affordable than it was three decades ago.
“Cheaper” and “more affordable” are not synonyms. Cheaper means that the price has fallen. More affordable means that wages have risen more than alcohol prices. These really are not the same thing at all.
Consider the larger issue here. If we can buy more food for an hour’s work then we are better off. It we can buy a better car with the same number of hours of work then we are better off, we’re richer. Both could and should be described as a rise in real wages.
We are now able to buy more booze from an hour’s work. We can also buy, now that both Double Diamond and Watney’s Starlight have bitten the dust, better booze with the proceeds of that labour. We’re richer.
At which point we’ve got this combination of the Provisional Methodists and the 32 County Wee Frees insisting that this is a problem, that we as individuals and a nation are richer. Go boil yer heids folks, you’re arguing against the very purpose of human striving itself, that our children should be better off than we are, that we ourselves become richer over time.