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 Senator Chuck Hagel (R-NE), introduced by Christopher Preble, Director of Foreign Policy Studies, Cato Institute.
Senator Chuck Hagel has been one of the most consistent and outspoken critics of the Bush administration’s policies in Iraq. As a combat veteran, a foreign policy expert, and a leader who has visited Iraq five times, Senator Hagel is one of the most respected voices on foreign policy in Congress. Please join us for a Capitol Hill briefing as the senator shares his thoughts on the war in Iraq and discusses ways that America can change course and help improve stability in the Middle East.