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.
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.