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.
With Ike Brannon, President, Capital Policy Analytics, and Senior Fellow, Bush Institute; moderated by James A. Dorn, Vice President for Monetary Studies, Cato Institute.
Money for Nothing a feature-length documentary about the Federal Reserve that seeks to unveil America’s central bank and its impact on our economy and our society. Digging beneath the surface of the 2008 crisis, Money for Nothing is the first film to ask why so many facets of our financial system seemed to self-destruct at the same time. For many economists and senior Fed officials, the answer is clear: the same Fed that put out 2008’s raging financial fire actually helped light the match years before. As the global financial system continues to falter, the Federal Reserve finds itself at a crossroads. Join us for a screening of this film as it attempts to answer important questions, including how can the Federal Reserve steer our nation toward a more sustainable path, and how can the American people influence an institution whose inner workings they may not understand?