Featuring John Allison, President and CEO, Cato Institute; James A. Dorn,Vice President for Monetary Studies and Senior Fellow, Cato Institute; and Mark Calabria, Director of Financial Regulation Studies, Cato Institute; moderated by John Maniscalco, Director of Congressional Affairs, 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.
However the Supreme Court rules on ObamaCare, states have the opportunity to lead the way in freeing the American health care marketplace. Leah Vukmir, a state senator from Wisconsin, discusses how the federal government and state governments can get out of the way of health care decisions.
Video produced by Caleb O. Brown, Austin Bragg and Evan Banks.