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, James Bartholomew, columnist for the Daily Telegraph and the Daily Mail; with comments by Dr. Wendell Primus, Senior Policy Advisor on Budget and Health Issues to Speaker Nancy Pelosi. Moderated by
Michael Tanner, Senior Fellow, Health and Welfare Studies, Cato Institute.
“A splendid book. A devastating critique of the welfare state. A page-turner, yet also extensively sourced. I congratulate Mr. Bartholomew.” – Milton Friedman
In this controversial book, James Bartholomew argues that the welfare state in Britain has resulted in a generation of badly educated and dependent citizens, leading to lives of deprivation for thousands and undermining the original intent behind its creation in the 1940s. Has the welfare state really led to more harm than good? What does this imply for the ever-expanding welfare state in the United States?