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 James A. Dorn, Cato Institute and Daniel J. Ikenson, Cato Institute.
The U.S.-China economic relationship has been enormously beneficial to workers, producers, consumers, and investors in both countries. Yet the relationship has its share of skeptics. One rationale for U.S. economic engagement with China was that it would facilitate economic liberalization, which should promote political reform and improve China’s human rights record.
Does the United States need to reexamine that premise? Is China’s rise a threat to U.S. “economic sovereignty,” as some critics contend? Should the United States penalize China for “currency manipulation”? Is China’s sovereign wealth fund a threat to U.S. national security? Please join Cato scholars Daniel Ikenson and James Dorn for a discussion of these and other issues affecting U.S.-China economic relations.