Craft Beer Is the Strangest, Happiest Economic Story in America

Source: Craft Beer Is the Strangest, Happiest Economic Story in America

Corporate goliaths are taking over the U.S. economy. Yet small breweries are thriving. Why?

make it easier for small firms to grow and to make it harder for large firms to relax.

A phalanx of small businesses doesn’t automatically constitute a perfect economy. There are benefits to size. Larger companies can support greater production, and as a result they often pay the highest wages and attract the best talent. But what the U.S. economy seems to suffer from now isn’t a fetish for smallness, but a complacency with enormity. The craft-beer movement is an exception to that rule.