Episode 313: Nudging and Capturing
Words & Numbers
English - February 08, 2023 15:30 - 34 minutes - 27.9 MB - ★★★★★ - 329 ratingsEducation Business liberty public current economics education events government libertarian news policy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Foolishness of the week: 10:57
Main episode: 11:17
The USDA is experimenting with paying people to eat fruits and vegetables. That sounds like a good idea, but it opens the door to regulatory capture wherein companies lobby the USDA to have their products included in the program, and where manufacturers add just enough ingredients to call their formerly-fruit-and-vegetable-free product a “fruit” or “vegetable” and so qualify for the USDA subsidy.
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