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 Peter Van Doren, Editor, Regulation, Cato Institute
Many people believe that health insurance and health care markets require more government regulation than other markets in order to work efficiently. In addition, many believe that access to health care is too important to be allocated by market forces, because low-income Americans cannot afford adequate health care. Come hear Peter Van Doren examine these assumptions and discuss what health care markets can and cannot do and whether government can improve their performance.