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.
U.S. Special Envoy for the Six-Party Talks;
Jon B. Wolfsthal,
Nonproliferation Fellow in the International Security Program at the Center for Strategic and International Studies (CSIS);
Ted Galen Carpenter,
Vice President for Defense and Foreign Policy Studies, Cato Institute,
and Coauthor, The Korean Conundrum
The future of the North Korean nuclear program remains in doubt. Despite the apparent breakthrough in the Six-Party Talks in Beijing, crucial details remain to be resolved. When the talks reconvene, will negotiators be able to bridge the considerable differences and achieve U.S. goals of a complete, verifiable, and irreversible dismantlement of the North’s nuclear weapons program? What should the United States be willing to pledge to North Korea in exchange for concluding a final agreement? What measures will be put in place to ensure that North Korea abides by its pledges? Will a successful outcome pave the way for a possible similar breakthrough with respect to Iran’s nuclear program?