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. Jeff Flake, (R–AZ); and Dan Griswold, Associate Director, Center for Trade Policy Studies, Cato Institute.
On the heels of legislation proposed by Reps. Jeff Flake and Jim Kolbe and Sen. John McCain, President Bush earlier this month announced the most ambitious plan in decades to revamp the nation’s immigration laws. Many of the ideas in the president’s proposal were put forth in a study by Cato’s Dan Griswold. The president’s plan would create a legal channel for foreign workers to enter the United States temporarily to fill jobs that American-born workers don’t want and grant temporary legal status to millions of workers living and working here illegally. Come hear an in-depth discussion of the president’s immigration plan by one of the cosponsors of the reform legislation and the author of the Cato study.