Featuring the author Thomas E. Hall, Professor of Economics, Miami University of Ohio; with comments by Jason Kuznicki, Research Fellow, Cato Institute; and Patrick McLaughlin, Mercatus Center, George Mason University; moderated by John Samples, Vice President and Publisher, Cato Institute.
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.
The individual mandate to purchase health insurance is the linchpin of the Patient Protection and Affordable Care Act. It is among the issues to be handled by the Supreme Court beginning March 26, 2012.
Michael F. Cannon is the director of health policy studies at the Cato Institute.