In Bootleggers & Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics, economists Bruce Yandle and Adam Smith explain how money and morality are often combined in politics to produce arbitrary regulations benefiting cronies, while constraining productive economic activities by the general public.
Featuring Stuart Anderson, Adjunct Scholar, Cato Institute; and Frank Sharry, Executive Director, America’s Voice; moderated by Laura Renz, Government Affairs Manager, Cato Institute.
Critics of comprehensive immigration reform contend that providing legal temporary visas for low-skilled workers or legalizing current undocumented workers will increase unemployment and expand the welfare state. In fact, evidence shows legalized immigrants earn higher wages and pay more in taxes than undocumented workers, and expanding the economy will open up more opportunities for Americans. Stuart Anderson, former staff director of the Senate Immigration Subcommittee and an adjunct scholar at the Cato Institute, will discuss his new Cato policy paper that addresses and proposes solutions to the most common arguments offered against immigration reform. Frank Sharry, executive director of America’s Voice, will provide additional evidence on the benefits of comprehensive reform.