Time to End The Silly Game (Gwen Moritz Editor's Note)

by Gwen Moritz  on Monday, Nov. 18, 2013 12:00 am  

I doubt that a single Park Hill resident will have one more drink than usual as a result of last week’s vote. But I do expect a number of alcohol-serving restaurants will open along the busy stretch of JFK Boulevard, and I can imagine it becoming a walkable mealtime destination similar to Kavanaugh in Hillcrest.

Yes, the new restaurants will undoubtedly cannibalize business from existing restaurants elsewhere in North Little Rock — more restaurants do not increase the amount of disposable income in a given market. But for Park Hill specifically, its residents and commercial property owners, removing an arbitrary restriction on one industry really could be an economic development breakthrough.

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I also don’t put any stock in the argument that the roads in wet counties are inherently more dangerous. An analysis by the Arkansas Democrat-Gazette in 2006 concluded that alcohol-related traffic fatalities were somewhat more common on a per-capita basis in dry counties than in wet ones. A similar study in Kentucky a few years earlier came to the same conclusion.

Gwen Moritz is editor of Arkansas Business. Email her at GMoritz@ABPG.com.

 

 

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