Featuring John Allison, President and CEO, Cato Institute; James A. Dorn,Vice President for Monetary Studies and Senior Fellow, Cato Institute; and Mark Calabria, Director of Financial Regulation Studies, Cato Institute; moderated by John Maniscalco, Director of Congressional Affairs, Cato Institute.
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.
The Cato Institute and the Federalist Society invite you to a Policy Forum featuring Honorable William Young, Chief Judge, U.S. District Court for Massachusetts; Daniel J. Bryant, Assistant Attorney General for Legal Policy, U.S. Department of Justice; Erik Luna, Professor of Law, University of Utah; and Jack M. Kress, Author, Prescription for Justice: The Theory and Practice of Sentencing Guidelines.
The federal criminal justice system is in disarray. Each week some 1,200 people are sentenced in federal court, but the legality of these sentences is suddenly in doubt. That is because the Supreme Court recently held that the constitutional right to trial by jury requires that any factor that can be used to increase the amount of prison time that a defendant will serve must be proven to a jury beyond a reasonable doubt. The ruling in Blakely v. Washington initially invalidated the sentencing system in the State of Washington, but it has called into question the power of federal judges to make certain factual findings and increase prison time on the basis of those findings. Chief Judge Young had already declared the federal guidelines unconstitutional and now the Justice Department is urging the Supreme Court to clarify its ruling and preserve the federal sentencing regime. Please join us for a discussion of whether the federal sentencing rules ought to be saved or scrapped.