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 Rejoice Ngwenya, Writer and head of the Zimbabwean Coalition for Market & Liberal Solutions, and Marian Tupy, Cato Institute.
The southern African countries of Botswana and Zimbabwe are neighbors. Botswana is peaceful, stable, and increasingly prosperous. Zimbabwe, in contrast, is beset by political and economic crises. Their diverging fortunes are partly explained by their government’s attitudes to economic freedom: Botswana is one of Africa’s economically freest states, and Zimbabwe is among Africa’s least free countries. Please join Zimbabwean human rights activist Rejoice Ngwenya and Cato’s Africa analyst Marian Tupy to discuss Zimbabwe’s meltdown, Botswana’s ascent, and lessons for the rest of Africa.