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.
The American enterprise system grew to be exceptional because of the principles on which it was built — individual freedom, decentralized knowledge, and accountable, constitutionally limited government. But, says Matt Kibbe, politicians in Washington have systematically replaced the dispersed genius of America with top-down dictates and expensive schemes designed to expand the power of insiders and protect the privileged positions of politicians, bureaucrats, and their cronies. In his new book, Kibbe proposes a different path. “Decentralized freedom” can return America to its founding values by breaking up centralized government’s monopoly on power and returning it to where it belongs: with We the People. Kibbe exposes the privileged collusion of Washington insiders and maps out a proven plan for how to return power from the self-appointed “experts” back to the people. Kibbe was dubbed by Newsweek “one of the Tea Party’s masterminds.” Please join us for a fresh and exciting look at past and coming changes in American politics. Kibbe will be joined by Sen. Rand Paul, a leader in advancing policies that are a return to the traditional American concern for liberty from government. Come hear how the nation went off track and how the government might be restored to its foundation in liberty.