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 author, Tyler Cowen, Holbert C. Harris Professor of Economics, George Mason University; New York Times Columnist; and Coauthor of the Marginal Revolution Blog, with comments by Emily Yoffe, Journalist and Slate “Dear Prudence” Columnist.
In Discover Your Inner Economist, the economist and blogger Tyler Cowen provides quirky and insightful advice for life based on his signature urbane style of economic reasoning. On his blog, MarginalRevolution.com, Cowen offers economic advice in his periodic “Dear Trudie” posts. Presumably Cowen offers good economics. But dare one take an economist’s advice? Emily Yoffe, author of Slate’s popular “Dear Prudence” advice column, will advise. Please join us for an advice-off, as Trudie meets Prudie to discuss the practical benefits of economic reasoning (or lack thereof) in everyday life.