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.
U.S. Special Envoy for the Six-Party Talks;
Jon B. Wolfsthal,
Nonproliferation Fellow in the International Security Program at the Center for Strategic and International Studies (CSIS);
Ted Galen Carpenter,
Vice President for Defense and Foreign Policy Studies, Cato Institute,
and Coauthor, The Korean Conundrum
The future of the North Korean nuclear program remains in doubt. Despite the apparent breakthrough in the Six-Party Talks in Beijing, crucial details remain to be resolved. When the talks reconvene, will negotiators be able to bridge the considerable differences and achieve U.S. goals of a complete, verifiable, and irreversible dismantlement of the North’s nuclear weapons program? What should the United States be willing to pledge to North Korea in exchange for concluding a final agreement? What measures will be put in place to ensure that North Korea abides by its pledges? Will a successful outcome pave the way for a possible similar breakthrough with respect to Iran’s nuclear program?