Bruce Yandle on Bootleggers & Baptists

Bruce Yandle’s “bootleggers & Baptists” model of political coalition formation is one of the most useful models in the political economy of regulation (and one that both Mike and I employ frequently, as seen by our many posts using the model). Here’s a great new Learn Liberty video featuring Bruce himself describing how coalitions of … More Bruce Yandle on Bootleggers & Baptists

Economists and Philosophers on Value

Lynne Kiesling Got two spare minutes and want to spend it enriching yourself? Then watch this great Learn Liberty video from Aeon Skoble. Aeon’s a philosopher who also reads a lot of economics, so he’s in a distinctive position to make this important point — both economists and philosophers use the word “value”, but we … More Economists and Philosophers on Value