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.
In her new book, The Case Against Lawyers (Broadway Books, 2002), Catherine Crier of Court TV argues that our legal system has become dangerously dysfunctional. On the civil side, Crier deplores the politicians, bureaucrats, and personal injury lawyers who have rigged the system so that they accrue wealth and power from our litigation-crazed culture. On the criminal side, Crier lambastes the insanity of the drug war, which diverts the limited resources of the police, courts, and prisons from the fight against violent criminals. Crier chastises her fellow lawyers for creating a legal system that produces results and profits for the fewÃ¢ï¿½ï¿½and paralysis, frustration, and injustice for the many. Please join us for a wide-ranging critique of the American legal system and a discussion of what changes might improve that system.