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 John Z. Ayanian, Professor of Medicine and Health Care Policy, Harvard Medical School and Brigham and Women’s Hospital; David Meltzer, Associate Professor of Medicine and Economics, University of Chicago; and Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
It makes intuitive sense that President Obama’s health plan, which would expand health insurance coverage to an estimated 30 million currently uninsured Americans, would improve their health. But is it true? What does the evidence say about the effect between health insurance expansions and health? And what does that mean for the Obama plan?