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 the author Scott Rasmussen, Founder and President, Rasmussen Reports; with comments by Sean Trende, Senior Elections Analyst, RealClearPolitics; and Michael Barone, Senior Political Analyst, Washington Examiner; moderated by Michael D. Tanner, Senior Fellow, Cato Institute.
For years, political observers have blamed voters for Washington’s failure to balance the budget and reform entitlements, claiming that voters support a balanced budget in the abstract, but are unwilling to support the types of cuts actually needed to achieve that balance. But, in his new book, leading political pollster Scott Rasmussen says that Americans are willing to support the necessary changes if politicians provide the leadership required. Drawing on a comprehensive review of history, revelatory budgetary documents, and enlightening public opinion polls, Rasmussen lays out a step-by-step budget that could wipe out trillions of dollars from the national debt.