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: Alan Oxley, Chairman, World Growth, Former Chairman of the General Agreement on Tariffs and Trade (GATT); with comments by Donald R. Sherk,
Program Officer for Africa, Center for International Private Enterprise, Former U.S. Executive Director, African Development Bank; and moderated by Marian Tupy, Policy Analyst, Cato Institute.
Advocates of sustainable development argue for a balance between economic growth and environmental protection. But, Alan Oxley argues, poor countries are increasingly urged to follow policies that undermine their growth. That is due partly to advocacy of anti-growth policies by nongovernmental organizations, such as the World Wildlife Fund, and partly to the adoption of similar advice by international bodies, such as the World Bank and the European Union. Donald Sherk will discuss the relationship between NGOs and African governments.