Economics - as always - offers various solutions : taxing calories, banning fatty foods in schools, addressing asymmetric information by clearly labelling food with a traffic light scheme.
Sunday, 18 October 2009
Calories
Oh, how markets fail. The negative externalities of obesity are huge; they are the additional costs imposed on the NHS.
Economics - as always - offers various solutions : taxing calories, banning fatty foods in schools, addressing asymmetric information by clearly labelling food with a traffic light scheme.
The photo above shows how behavioural economics is getting in on the act by nudging / encouraging people to take the stairs.
Economics - as always - offers various solutions : taxing calories, banning fatty foods in schools, addressing asymmetric information by clearly labelling food with a traffic light scheme.
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