Featuring Matthew Feeney, Policy Analyst, Cato Institute; Marc Scribner, Research Fellow, Competitive Enterprise Institute; and Dean Baker, Co-Director, Center for Economic and Policy Research; moderated by Brink Lindsey, Vice President for Research, Cato Institute.
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.
Two long wars, chronic deficits, the financial crisis, the costly drug war, the growth of executive power under Presidents Bush and Obama, and the revelations about NSA abuses, have given rise to a growing libertarian movement in our country – with a greater focus on individual liberty and less government power. David Boaz’s newly released The Libertarian Mind is a comprehensive guide to the history, philosophy, and growth of the libertarian movement, with incisive analyses of today’s most pressing issues and policies.
Featuring the authors Ronald Coase (by video), Nobel Laureate, University of Chicago; Ning Wang, Assistant Professor of Global Studies, Arizona State University; with comments by Albert Keidel, Senior Fellow, Atlantic Council, Asia Program ; moderated by James A. Dorn, Editor, Cato Journal, and Vice President for Academic Affairs, Cato Institute.
China has taken an extraordinary, and often unanticipated, journey in transforming itself from a closed agrarian socialist economy to a powerful economic force in the international arena. Coase and Wang persuasively argue that the reforms implemented by China’s leaders during the past 35 years did not represent a concerted attempt to create a capitalist economy, and it was “marginal revolutions” that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of “seeking truth from facts.” How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government’s monopoly of ideas and power. The authors argue that the development of a market for ideas — which has a long and revered tradition in China — would be integral to bringing about the Chinese dream of social harmony.