Many people identify the Tea Party with the religious right and social conservatism. A new study of public opinion suggests this common view is misguided. The Tea Party is united on economic issues, but split on the social issues it avoids. Roughly half the Tea Party is socially conservative, half is libertarian — or, fiscally conservative, but socially moderate to liberal. Understanding the Tea Party’s strong libertarian roots helps explain how the Tea Party movement has become a functionally libertarian influence on the Republican Party. Even social conservatives and evangelicals within the Tea Party act like libertarians. The Tea Party is upending the conventional wisdom that Republican candidates must placate socially conservative voters to win primaries. These surprising findings are sure to generate controversy and debate.
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
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