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: David A. Shore, Director of Trust Initiative and Associate Dean, Harvard School of Public Health, and editor of The Trust Crisis in Healthcare: Causes, Consequences, and Cures (2007); with comments by L. Stephan Vincze, Vice President, Ethics and Compliance Officer, Privacy Officer, TAP Pharmaceutical Products; and Heidi Li Feldman, Prof. of Law, Georgetown Law Center; moderated by Sigrid Fry-Revere, Director of Bioethics Studies, Cato Institute.
When patients lose trust in their physicians and physicians lose trust in the organizations they work with, the tendency is to think that the only solution is government oversight. Dr. Shore concludes that government intervention will aggravate the U.S. trust crisis even further and that there are private solutions that can not only stave off unnecessary regulation but also give prudent health care providers a significant market advantage. Please join us to learn marketing strategies from America’s foremost expert on solving the U.S. trust crisis in health care.