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 Stan Dorn, Senior Research Associate, Urban Institute and Michael F. Cannon, Director of Health Policy Studies, Cato Institute.
As with past attempts to overhaul America’s health care sector, critics have labeled the reforms before Congress “socialized medicine.” Is this a fair accusation? Are President Obama and congressional Democrats really trying to impose socialized medicine on the United States? What is socialized medicine, anyway? Scholars with different perspectives on these questions will debate what relevance socialized medicine has to today’s health care reform debate.