The Economic Forces Behind Rising Cost of Beer

Weather, commodity prices and greed are to blame for the cost of your brew going up

Picture: Rob Carr/Getty Images Joe O'Dea drinks a beer before the 136th running of the Preakness on Saturday. The cost of beer is up 3 percent at supermarkets over a year ago.

Written by Loren Berlin for DailyFinance and

It’s strange to think that someone actually invented beer, that it hasn’t just always been there, like centrifugal force or oxygen. But it’s true: 6,000 years before Jesus even hit the scene, the Babylonians — people living in the area that is modern-day Iraq — began fermenting barley in the glittering heat of the Mesopotamian dessert, and making clay vessels in which to store the frothy brew and trade it with neighbors.
Continue reading “The Economic Forces Behind Rising Cost of Beer”