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 Gary Hufbauer, Reginald Jones
Senior Fellow, Institute for International Economics; Dan Griswold, Associate Director, Center for Trade Policy Studies, Cato Institute; and Chris Edwards, Director of Fiscal Policy Studies, Cato Institute.
With the 2004 presidential campaign in full swing, Senator John Kerry is focusing on promises to strengthen the U.S. economy. The Democratic candidate has proposed a three-pronged approach to boosting the U.S. job market: changing the individual and corporate tax structures, expanding spending programs, and rethinking the government’s stance on international trade. Would Kerry’s policies strengthen the U.S. economy or damage it? How do his proposals differ from President Bush’s? If elected, would Kerry be able to get his platform through Congress? Please join us as our panel discusses the Bush and Kerry tax, spending, and trade plans.