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 Oleh Havrylyshyn, Department of Economics, George Washington University and University of Toronto; Peter Murrell, Mancur Olson Professor, Department of Economics, University of Maryland; Krassen Stanchev, Executive Director, Institute for Market Economics, Bulgaria; Dalibor Rohac, Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute; Andrei Illarionov, Senior Fellow, Center for Global Liberty and Prosperity, Cato Institute; Mikheil Saakashvili, Former President, Republic of Georgia; moderated by Marian L. Tupy, Senior Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute; and Ian Vasquez, Director, Center for Global Liberty and Prosperity, Cato Institute.
Following the fall of the Berlin Wall on November 9, 1989, communist governments crumbled throughout the Soviet bloc. By late December 1991, the Soviet Union itself ceased to exist. The pace of transition from communist dictatorship to democracy and market economics was uneven. Some countries experienced high rates of economic growth and rapid return to political freedom, while others remained stuck in poverty and authoritarianism. Which reforms worked and which did not? What were the pre-conditions for a successful transformation and what lessons can non-free societies learn from the experiences of former communist countries?
Marian L. Tupy
Senior Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute
Panel 1: Economic Transition In Ex-Communist Countries: What Have We Learned from Different Approaches To Reforms?