5 Sep 2013

Baptists and Bootleggers

Speaking of food labeling that deceives customers, Bruce Yandle describes the phenomenon of Baptists and Bootleggers, i.e., an unholy alliance in which a righteous group supports a policy that helps a dirty group without helping regular folks.

For an example of B & B, consider the way that some anti-Keystone activists will make more money from a lack of competition from Canadian oil.

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