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 the author David Goldhill, CEO, the Game Show Network; with comments by Robert Graboyes, Senior Research Fellow, Mercatus Center; moderated by Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
After the needless death of his father, business executive David Goldhill began a personal exploration of a health care industry that for years has delivered poor service and irregular quality at astonishingly high cost. In Catastrophic Care, Goldhill shows the U.S. health care sector is not worth preserving in anything like its current form — and President Obama’s health care law is likely to exacerbate its failings. Goldhill proposes a different and radical solution to these agonizing problems.