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 Doug Bandow, Senior Fellow, Cato Institute; Ed Olsen, Professor of National Security Affairs, Naval Postgraduate School; Bill Taylor, President, Taylor Associates International; and Ted Galen Carpenter, Vice President for Defense and Foreign Policy Studies, Cato Institute.
The 37,000 U.S. troops in Korea increasingly generate animosity, particularly among younger South Koreans. Meanwhile, North Korea has brazenly engaged in nuclear brinkmanship, practically daring the United States to attack, and demanding bilateral negotiations. The U.S. troops’s mere tripwire force with little military value’sre caught in the middle. Should policymakers alter the American security guarantee for South Korea? How might relations between the United States and both North and South Korea be improved? How should the United States respond to the North’s threat to build nuclear weapons? What role should other regional powers — China, Japan, and Russia — play? Please join four experts for a timely discussion of these issues.