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 Ted Galen Carpenter, Vice President for Defense and Foreign Policy Studies, Cato Institute; Henry D. Sokolski, Executive Director, Nonproliferation Policy Education Center; and Stephen P. Cohen, Senior Fellow in Foreign Policy Studies, Brookings Institution.
On October 1, 2008, Congress approved an agreement facilitating civilian nuclear cooperation between the United States and India. Proponents of the agreement underscored its strategic benefits, hinting that an alliance of the world’s largest democracies would effectively check a rising China. Nonproliferation specialists, however, criticized the deal. They argued that accommodating India’s nuclear expansion would undermine other countries’ willingness to strengthen and enforce nonproliferation rules, send an ambiguous signal to other would-be proliferators, and weaken international institutions and rules that underpin global security. Will the extension of America and India’s partnership into the nuclear arena advance both countries’ long-term strategic goals, and was the agreement worth the subordination of nonproliferation and other objectives? Is it likely to give rise to two contending great power blocs in Asia — the United States and India on one side, China and Pakistan on the other? Join us for a discussion of these important issues.