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, Seth Mnookin,; with comments by Jack Shafer, Editor at large, Slate.
Former Newsweek media reporter Seth Mnookin tells the inside story of how former New York Times editor Howell Raines fell from his perch at the top of the media establishment. With unprecedented access to the reporters who conducted the internal investigation, top newsroom executives, and dozens of Times editors, Mnookin exposes the story behind the biggest journalistic scam of our era, and he explains its profound implications for the rapidly changing world of American journalism. Mnookin also puts the current struggles at the Times into the context of this new world of journalism, which includes increased expectations by readers that their chosen news outlets will have a political perspective in both their editorial and news sections. Jack Shafer, author of Slate’s Press Box column, will comment.