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 Gary Wolfram, George Munson Professor of Political Economy, Hillsdale College; Frederick Hess, Director of Education Policy Studies, American Enterprise Institute; Krista Kafer, Senior Education Policy Analyst, Heritage Foundation; and moderated by Neal McCluskey, Policy Analyst, Center for Educational Freedom, Cato Institute
College tuition has been skyrocketing for decades, and no end is in sight. In the name of keeping college within reach of low-and middle-income families, the federal government provides many financial aid programs. Ironically, federal aid keeps tuition high by enabling colleges and universities to constantly raise prices. Reducing federal aid would force tuition down and stimulate increases in private-sector college assistance. Please join us for a briefing on how, with the Higher Education Act due to be reauthorized this year, Congress has the opportunity to help college-bound students by reducing federal tuition aid.