Bootleggers & Baptists

September 2014

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 Cult of the Presidency

April 2008

Examines how Americans have expanded presidential power over recent decades by expecting solutions for all national problems, concluding by calling for the Presidency to return to its properly defined constitutional limits.