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, Jim Powell
Senior Fellow, Cato Institute, and author of The Triumph of Liberty,
FDR’s Folly, Wilson’s War, and Bully Boy
For thousands of years, slavery went unchallenged in principle. Then in a single century, slavery was abolished and more than seven million slaves were freed throughout the Western hemisphere. The scope and speed of this transformation make it one of the most amazing feats in modern history. Greatest Emancipations tells this fascinating story, focusing on abolitionists in areas where slavery was most entrenched: Haiti, the British Caribbean, the United States, Cuba, and Brazil. In this lively book, Jim Powell concisely illuminates the beginnings of the abolitionist movement, then proceeds through the processes, the battles, the final victory of emancipation, and the incredible impact of its aftermath. Ultimately, Powell argues, the more violence was involved in the emancipation process, the worse the outcomes were, making a provocative case for peaceful antislavery struggles.