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 Louis Fisher, Specialist on the Constitution, Law Library of Congress; and Jeffrey Rosen, Professor, The George Washington University School of Law. Moderated by Gene Healy, Vice President, Cato Institute.
George W. Bush’s administration pushed relentlessly to expand presidential power at the expense of Congress. In late 2007, in an interview with the Boston Globe, presidential candidate Barack Obama repudiated virtually all of the Bush administration’s most controversial executive power claims. Will President Obama follow through and oversee a more modest presidency that recognizes constitutional limitations? Or will the new administration end up expanding the powers of the presidential office? Please join us to discuss the prospects and possibilities for the presidency in the Obama era.