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 Rep. Scott Garrett (R-NJ), Founder and Chairman, Congressional Constitution Caucus; and Roger Pilon, Vice President for Legal Affairs, and Director, Center for Constitutional Studies, Cato Institute; moderated by Brandon Arnold, Director of Government Affairs, Cato Institute.
With the 112th Congress now in session, the Constitution is finding new respect on Capitol Hill. It started during the campaign, thanks to pressure from the Tea Party. It was reflected when members in the House read the Constitution aloud on their first full day in session. And it should continue as House members are required to cite specific constitutional authority when they introduce bills. But restoring limited constitutional government will require more than simply “checking the box” — it will require a solid understanding of the document and an ability to withstand the ever-present pressure to abandon principle in favor of short-term gain. Please join us for a detailed discussion of how constitutional principle and practice go together.