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Bootleggers and Baptists

Posted by John Willis on June 21, 2010 in Commentary, Video

While serving as the Executive Director of the Federal Trade Commission during the Reagan years, Bruce Yandle developed a theoretical framework he called “bootleggers and Baptists” to help make sense of regulatory dynamics. As the old story goes, when Baptists lobby for dry Sundays, it’s the bootleggers who benefit. Yandle’s insight was to point out [...]

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