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 Andrew Gillen, Research Director, Center for College Affordability and Productivity; and Neal McCluskey, Associate Director, Center for Educational Freedom, Cato Institute.
President Obama has called for the United States to have “the highest proportion of college graduates in the world by the year 2020.” The goal is lofty, but is simply having more college graduates really that important? And will significantly increasing federal student aid actually make college more accessible, or will it worsen the tuition inflation that has run rampant for decades? Please join our panelists as they analyze these proposals in light of the latest research on higher education policy and outcomes.