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 co author Robert A. Levy, Cato Institute.
Why are we, in many respects, less free now than we were 200 years ago? How did we get from our Founders’ Constitution, which established a strictly limited government, to today’s Constitution, which has expanded government and curtailed individual rights? That’s the story of The Dirty Dozen - a book written for non lawyers about 12 U.S. Supreme Court cases that moved the course of American history away from constitutional government. Whether it involves the regulation of commerce, political speech, economic liberties, property rights, welfare, racial preferences, gun owners’ rights, or imprisonment without charge, the U.S. Supreme Court has behaved in a manner that would have stunned, mystified, and outraged our Founding Fathers. Please join co-author Robert Levy for a discussion of the 12 worst Supreme Court cases of the modern era.