Cato Event Podcast

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Expanding on their widely discussed article on "libertarian paternalism," Professors Sunstein and Thaler argue that people often make bad choices on diet, retirement savings, health insurance, and contributing to climate change. In their new book they examine how human beings make decisions. Recent scientific research shows that people are susceptible to cognitive biases and blunders. Because we are human, we are fallible, and because we are fallible, we can use all the help we can get. Sunstein and Thaler argue that by knowing how people think, we can design choice environments that make it easier for people to choose what is best for themselves, their families, and their society. Using colorful examples from the most important aspects of life, Thaler and Sunstein demonstrate how thoughtful "choice architecture" can be established to nudge us in beneficial directions without restricting freedom of choice. Will Wilkinson and Terrence Chorvat will raise questions about the proper place of "choice architecture" in a free society and the plausibility of "libertarian paternalism." Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

A quarter century ago, A Nation at Risk shook the country and energized two education reform movements: school choice, and government-driven standards and accountability. For years, proponents of these reforms coexisted, even cooperated, but rifts have begun to appear. "Instructionists" now argue that markets without government standards are doomed to fail, while market reformers assail government standards as futile and anti-competitive. Please join our panelists as they debate the role of these reforms in fixing American education, 25 years after A Nation at Risk. Hosted on Acast. See acast.com/privacy for more information.

In May 2007, congressional leaders agreed to consider free trade agreements (FTAs) with Colombia, Korea, Panama, and Peru if they were accompanied by additional labor and environmental standards. In the wake of the December 2007 U.S.-Peru FTA passage, key congressional leaders now demand substantial expansion in the Trade Adjustment Assistance (TAA) program before considering the other three FTAs. But can TAA expansion ensure enactment of the other agreements? Is it a trade-off worth making? And why are these particular bilateral trade agreements important to American interests? Finally, should the White House use the fast-track rules to force Congress to vote? Please join Cato Institute trade scholars Daniel Griswold and Sallie James for a discussion about why expansions of free trade should not be held hostage to a domestic welfare program. Hosted on Acast. See acast.com/privacy for more information.

America's increasingly loud and bipartisan call for energy independence may well be having a negative impact on world crude oil markets. A. F. Alhajji, one of America's most widely published academic oil economists, believes that investment trends in oil-producing countries are being affected by our (largely rhetorical) campaign against foreign oil. The net result is less oil and gas exports and higher world prices. Alhajji is a syndicated columnist and a regular contributing editor for one of the industry's premier publications, World Oil magazine. In addition, he is an associate editor for Oil, Gas and Energy Law. Alhajji is also the energy columnist for the major daily business newspaper in Saudi Arabia, Aleqtisadiah. His articles have appeared in numerous countries and in more than 10 languages. Hosted on Acast. See acast.com/privacy for more information.

Many African states have been addicted to Western aid for decades. Unfortunately, Africa as a whole has stagnated and some African countries are poorer today then they were in the 1960s. In recent years, advocates of foreign aid have called for making aid more efficient, but that may be easier said than done. The problem, some critics argue, is that aid supports predatory governments and perpetuates institutions that are alien to Africa. The "modern" state, characterized by Western-style elections and bureaucracies, may be ill-suited to African conditions. Failing governments should be allowed to collapse and be replaced by institutions indigenous to Africa. Our panel will discuss the likely consequences of ending aid and consider subsequent institutional developments. Hosted on Acast. See acast.com/privacy for more information.

On March 29 Zimbabweans will cast their votes in presidential and parliamentary elections that are likely to be rigged in favor of Robert Mugabe and his ZANU-PF party. Mugabe and the ZANU-PF elite have presided over the collapse of living standards in Zimbabwe and the destruction of her economy. They are also responsible for massive human rights abuses that include a massacre of some 20,000 civilians in the Matabeleland in the 1980s. The panel will discuss the current economic and political situation in Zimbabwe, and possible post-election scenarios. The forum will coincide with the release of a new Cato study detailing Zimbabwe's decline. Hosted on Acast. See acast.com/privacy for more information.