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 Louis Fisher, Specialist on the Constitution, Law Library of Congress; and Jeffrey Rosen, Professor, The George Washington University School of Law. Moderated by Gene Healy, Vice President, Cato Institute.
George W. Bush’s administration pushed relentlessly to expand presidential power at the expense of Congress. In late 2007, in an interview with the Boston Globe, presidential candidate Barack Obama repudiated virtually all of the Bush administration’s most controversial executive power claims. Will President Obama follow through and oversee a more modest presidency that recognizes constitutional limitations? Or will the new administration end up expanding the powers of the presidential office? Please join us to discuss the prospects and possibilities for the presidency in the Obama era.