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); Sam Staley, Urban Futures Program, Reason Public Policy Institute, and author, Mobility First: A New Vision for Transportation in a Globally Competitive Twenty-First Century; and Randal O’Toole, Senior Fellow, Cato Institute.
In reauthorizing federal funding for transportation, Congress has a choice between top-down policies whose focus is on reducing American mobility at almost any cost and customer-driven policies whose focus is on enabling mobility while cost-effectively minimizing the environmental impact of that mobility. The “Surface Transportation Act of 2009: A Blueprint for Investment and Reform” from the House Committee on Transportation and Infrastructure firmly chooses the former strategy. Please join Rep. Scott Garrett, author Sam Staley, and Cato Institute scholar Randal O’Toole to discuss alternatives that will save taxpayers billions while doing far more to protect the environment.