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 Mark Sanford, Republican Governor of South Carolina and Jon Tester, Democratic U.S. Senator from Montana. Moderated by Jim Harper, Cato Institute.
On May 11, 2008, the statutory deadline for compliance with the REAL ID Act will pass without a single state meeting its requirements. Indeed, more than 17 states have passed legislation objecting to or outright refusing to implement this national ID law. Earlier this year, the Department of Homeland Security handed out extensions of the compliance deadline just for the asking, but state leaders from across the ideological spectrum refused even this small gesture of acquiescence. A REAL ID rebellion is underway, and it has ushered in a debate on whether the United States should have a national ID system. The debate didn’t happen when the law passed because Congress held no hearings, and there was no up-or-down vote on REAL ID in the Senate. Votes this year on REAL ID funding, or perhaps repeal of the national ID law, will reveal where Members of Congress stand on the question whether law-abiding American citizens should be practically or legally required to carry a national ID. Please join us to hear two prominent leaders present their distinct perspectives on REAL ID, identification policy, national and individual security, identity fraud, and privacy.