"Now, bourbon barrels, which the government effectually reduced to waste, are creating value for millions of consumers by enhancing the products they already love. Simultaneously, new demand for bourbon creator’s secondary product has lowered the price of bourbon from previously inflated levels experienced when barrels were relegated as waste. Leave it to the market to create value from waste.
The story of bourbon barrel entrepreneurship is a parable for all those who love the free market and believe in human innovation. It shows how government intervention can burden an industry, but it also shows that there will always be people who can create value from waste. It shows that entrepreneurs look at limits and smirk, then quietly find a way around them."
https://fee.org/articles/how-bourbon-barrels-went-from-rubbish-to-valued-resource/
The story of bourbon barrel entrepreneurship is a parable for all those who love the free market and believe in human innovation. It shows how government intervention can burden an industry, but it also shows that there will always be people who can create value from waste. It shows that entrepreneurs look at limits and smirk, then quietly find a way around them."
https://fee.org/articles/how-bourbon-barrels-went-from-rubbish-to-valued-resource/