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 George Gilder, Discovery Institute, John Wohlstetter, Discovery Institute, Adam Thierer, Cato Institute, and moderated by John Drescher, Discovery Institute
As the Telecommunications act of 1996 turns nine years old, industry analysts are expecting a major re-write of the act to be considered by the new Congress. The Discovery Institute’s Technology and Democracy Project and the Cato Institute are pleased to co-host a Capitol Hill Briefing to discuss what went wrong with the old act and what a new Telecom Act should look like if lawmakers choose to pursue reforms this session.
George Gilder and John Wohlstetter from Discovery Institute, and Adam Thierer of the Cato Institute, will provide a detailed agenda for telecom reform to help bring an end to the legally confusing and economically inefficient regulatory regime that that Telecom Act not only failed to clean up, but actually fostered. John Drescher, director of Discovery Institute’s Technology and Democracy Project, will moderate the discussion.