AIER Bastiat Society of Nashville

“If You Think Markets Corrupt Politics, You’ve Got it Backwards!” with Dr. Stephen C. Miller
Sept. 2, 2021
6 - 7:30 p.m.
Richland Country Club, 1 Club Dr, Nashville, TN 37215

AIER’s Bastiat Society program in Nashville hosted an event with Stephen C. Miller, the Adams Bibby Chair of Free Enterprise, Troy University.

Political pundits and watch dog lists often bemoan corporate influence on politics. However, the way the standard story is told, big businesses lobby government to reduce or eliminate regulation that harms their bottom line, eroding the consumer, safety, and environmental protections government otherwise would provide. However, it is far more often the case that regulations are actually supported by business interests, i.e. firms with political influence seek to be more regulated. Public Choice economists call this phenomenon “regulatory capture”, where the political process serves not to protect consumers, workers, and citizens, but instead protects large corporations from its smaller competitors.

The Bastiat Society of Nashville’s speaker series is co-sponsored by The Beacon Center of Tennessee and The Political Economy Research Institute at MTSU.