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 David A. Hyman, Professor of Law and Medicine, University of Illinois and Edmund F. Haislmaier, Senior Research Fellow in Health Policy Studies, Heritage Foundation. Moderated by Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
The Massachusetts health care reforms signed into law in 2006 by then-governor Mitt Romney have become a point of contention among free-market advocates and in the Republican presidential campaign. Please join us for a discussion of these reforms. David Hyman will present a new Cato Institute study, “The Massachusetts Health Plan: The Good, the Bad, and the Ugly,” with comments by Ed Haislmaier, one of the chief architects of the Massachusetts health plan.