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 Christopher A. Preble, Director of Foreign Policy Studies, Cato Institute and David Rittgers, Legal Policy Analyst, Cato Institute, and three-tour veteran, Operation Enduring Freedom, Afghanistan.
Terrorism seeks to weaken strong powers like the United States by goading them to overreact and waste their own blood and treasure, give sympathy and recruiting gains to terrorists, and come loose from their ideological moorings. Beyond avoiding war and misdirected homeland security efforts, sound counterterrorism strategy requires subtle awareness of the different ways a victim state’s actions can play into terrorists’ hands. Countering the strategic logic of terrorism will require policymakers to adopt very disciplined responses and deny superficially appealing impulses toward overreaction. Please join Cato scholars David Rittgers and Christopher Preble to discuss a more effective way to respond to terrorist threats and activities.