Featuring Matthew Feeney, Policy Analyst, Cato Institute; Marc Scribner, Research Fellow, Competitive Enterprise Institute; and Dean Baker, Co-Director, Center for Economic and Policy Research; moderated by Brink Lindsey, Vice President for Research, Cato Institute.
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.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring Sen. Byron L. Dorgan (D-ND); and Roger Pilon, Vice President for Legal Affairs, Cato Institute.
Americans look abroad and see prescription drugs, made in the United States, sold at a small fraction of the price they’re paying here for the same drugs. Yet they can’t order such drugs legally because American law forbids the “reimportation” of drugs. That ban enables American drug manufacturers to recover their full costs, including high research and development costs, in the domestic market, then sell abroad to socialized medical systems at far below true cost. In effect, as with defense, the rest of the world is riding free while Americans pick up the full costs of drug R&D. Is it time for a free market in prescription drugs? And will opening the market to allow reimportation from Canada only, a compromise some people are proposing, lower prices for Americans, or simply raise them for Canadians?