On June 8, 2010, at the height of campaign season, the U.S. Supreme Court took the extraordinary step of stopping Arizona’s Clean Elections system from paying campaign subsidies to publicly-financed candidates when their privately-financed opponents and independent expenditure committees raised and spent campaign money to be used against them. The Court took this dramatic action because Arizona’s system appears to threaten the core First Amendment principle that the government must not be allowed to meddle in the open marketplace of ideas to favor one candidate over another. But that was only round one. In the wake of Davis v. FEC (2008), the Court has now consolidated two challenges brought against the matching-funds provision of Clean Elections and will hear arguments on March 28, 2011. If the Court were to reverse course and allow Arizona’s system to stand, it could lay the groundwork for the government to lavish millions of dollars on the political opponents of those deemed too wealthy or influential. Please join us for a discussion about the future and wider implications of taxpayer-funded political campaigns.
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
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Robert A. Levy discusses the Hobby Lobby case and the contraception insurance mandate on The Bob Harden Show
April 16, 2014
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