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Dwight R. Lee

Bootleggers, Baptists, Anger, and Voters

Dwight R. Lee
May 2, 2016

Decades ago, economist Bruce Yandle had a far-reaching insight into why some groups with a financial interest in a regulation would ally with others who favored the regulation on moral grounds. He termed it 'Bootleggers and Baptists'. Dwight Lee points out a gap in the Bootleggers and Baptists model. What's missing, writes Lee, is the role of voters. When we bring we bring in voters, we need to consider their emotions. One common emotion is anger. Bootleggers and Baptists alike consider voters' anger when rallying support for their preferred legislation.
MORE ARTICLES BY DWIGHT R. LEE

When is the last time you worried about "race suicide," with "bad" heredity driving out "good" in a perverse law of evolution? Likely never. Yet, early 20th century economists spent a lot of time and capital on this issue. Kling reviews this sordid history this month as he looks at Thomas Leonard's new book, Illiberal Reformers.
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FEATURED COLUMNS

AN ECONOMIST LOOKS AT EUROPE

This month, Pedro Schwartz continues his study of the erosion of classical liberalism and political economy. After looking last month at the origin of this decline, this month he turns to classical liberalism's 20th century defeatists, notably Arthur Pigou, Oskar Lange, and Paul Samuelson.
MORE ARTICLES BY PEDRO SCHWARTZ

THINKING STRAIGHT

Anthony de Jasay

'Che' Guevara in the Vatican

Anthony de Jasay
May 2, 2016
What do Pope Francis and Che Guevara have in common? Anthony de Jasay says: A lot. This month, he compares the hostility both so-called reformers demonstrate for the free enterprise system, on which others of us might assert the greatest hope for the poor lies.
MORE ARTICLES BY ANTHONY DE JASAY