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, Rajan Menon, Monroe J. Rathbone Professor of International Relations, Lehigh University; with comments by Michael Mandelbaum, Christian A. Herter Professor of American Foreign Policy, Johns Hopkins School of Advanced International Studies; and Doug Bandow, Vice President of Policy, Citizens Outreach.
America’s Cold War alliances are slowly dissolving, explains Rajan Menon in The End of Alliances. The United States faces new challenges, and many of our European and Asian alliances have grown irrelevant. The United States will, and must, be actively involved beyond its borders – by relying on coalitions and contingent alignments whose membership will vary depending on the issue at hand. This shift from permanent to ad hoc security relationships will force our traditional allies to rethink their choices and create new patterns in global politics. Please join Professor Menon and a panel of distinguished commentators for a discussion of this important work that challenges the conventional wisdom on U.S. foreign policy.