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 Ted Galen Carpenter, Cato Institute and Justin Logan, Cato Institute.
China’s rapid economic and military rise is causing understandable unease among American military planners. Although the Bush administration took office referring to China as a “strategic competitor,” more recent statements of U.S. policy have focused on integrating China into the world community as a “responsible stakeholder.” Does America’s position as the sole superpower and China’s as the primary rising power make U.S.-China conflict imminent and inevitable? If not, which potential flashpoints should be particular concerns for U.S. policymakers? Can American policy minimize tensions between the two powers? And what would open military confrontation between the United States and China look like? Please join Cato scholars Ted Galen Carpenter and Justin Logan for an exploration of national security and foreign policy issues related to China’s rise.