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 Bjørn Lomborg, Associate Professor of Statistics, University of Aarhus,
Author, The Skeptical Environmentalist, and Editor, Global Crises, Global Solutions; and moderated by Jerry Taylor, Director of Natural Resource Studies, Cato Institute
How should governments prioritize responses to the most serious problems facing the world today, such as climate change, communicable diseases, armed conflicts, malnutrition, and hunger? Bjørn Lomborg, author of the controversial bestseller The Skeptical Environmentalist, answers that question in his new book Global Crises, Global Solutions. The book is a product of “The Copenhagen Consensus,” an effort sponsored by Denmark’s National Environmental Assessment Institute. Its purpose was to bring together some of the most respected scholars in the world to map out a path toward positive global change. Professor Lomborg, who served as director of the project, will report what “the best and the brightest” concluded.