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 Rep. Margaret Dayton, Utah State House of Representatives, Chester E. Finn, Jr., Thomas B. Fordham Foundation; Nina Rees, U.S. Department of Education; and Larry Uzzell, Author, NCLB: The Dangers of Centralized Education Policy
New U.S. education secretary Margaret Spellings has spent her first months coping with an unprecedented, bipartisan revolt by state education officials against the requirements of the No Child Left Behind Act. Recent events in Utah, Texas, and Connecticut suggest that some states may be willing to opt out of NCLB if the law isn’t changed, but the Bush administration does not plan to consider legislative changes before the law’s reauthorization in 2007. How will this crisis be resolved? How should it be resolved? Is the No Child Left Behind Act the streamlined reform promised, or is it the regulatory nightmare some states claim it to be? Join our panel of experts as they debate the future of American education reform.