Obesity remains a serious health problem and it is no secret that many people want to lose weight. Behavioral economists typically argue that “nudges” help individuals with various decisionmaking flaws to live longer, healthier, and better lives. In an article in the new issue of Regulation, Michael L. Marlow discusses how nudging by government differs from nudging by markets, and explains why market nudging is the more promising avenue for helping citizens to lose weight.
In Bootleggers & Baptists: How Economic Forces and Moral Persuasion Interact to Shape Regulatory Politics, economists Bruce Yandle and Adam Smith explain how money and morality are often combined in politics to produce arbitrary regulations benefiting cronies, while constraining productive economic activities by the general public.
Featuring the author, Steven F. Hayward, Weyerhaeuser Fellow, American Enterprise Institute; with comments by William A. Niskanen, Chairman Emeritus, Cato Institute, and Author, Reaganomics: An Insider’s Account of the Policies and the People; and James Mann, Foreign Policy Institute Author-in-Residence, SAIS, Johns Hopkins University, and Author, The Rebellion of Ronald Reagan: A History of the End of the Cold War.
Steven Hayward’s first volume of The Age of Reagan ended with the president’s election. The second volume provides a complete narrative history of the Reagan presidency and its aftermath, covering both domestic and foreign policy. Hayward pays special attention to Reagan’s battles within his own party as well as opposition from Democrats, and assesses how Reagan changed both parties. By his own account, Reagan set out to restore the constitutional limits on American government, thereby reviving the hope for individual liberty that motivated the American founding. Please join us for a lively discussion of Reagan’s successes and failures as president, especially regarding the ongoing struggle to limit government to its proper sphere.