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 Malou Innocent, Foreign Policy Analyst, Cato Institute, and co-author of “Escaping the ‘Graveyard of Empires’: A Strategy to Exit Afghanistan”; and Ted Galen Carpenter, Vice President for Defense and Foreign Policy Studies, Cato Institute, and co-author of “Escaping the ‘Graveyard of Empires’: A Strategy to Exit Afghanistan.”
Nearly eight years after the fall of the Taliban regime, Afghanistan struggles under the most brutal circumstances: corrupt and ineffective state institutions, thousands of miles of unguarded borders pervasive illiteracy and poverty, and a dysfunctional international alliance attempting to provide security for the country. Can “nation building” in the midst of a bloody insurgency succeed? What constitutes “success,” and what price should we be willing to pay for it? Does the United States have a compelling strategic rationale for remaining in Afghanistan?