IN THE LATEST EDITION OF “WASHINGTON WATCH,” I talk with Chris Edwards of the Cato Institute, author of Global Tax Revolution: The Rise of Tax Competition and the Battle to Defend It, Nick Gillespie of Reason and Reason TV and UCLA Law Professor Stephen Bainbridge, author of The New Corporate Governance in Theory and Practice, who blogs at ProfessorBainbridge.com. We discuss whether the bailout was necessary, what’s happening with state government finances (the news is mostly bad), and what’s going on with the defection of conservative legal figures like Doug Kmiec and Charles Fried. Plus, is there a future for libertarians in the Republican Party? It’s free to everyone with registration.