Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Author of Free Market Madness Will Be Guest on April 27 Economic Perspectives

Posted by Hopeton on April 3, 2009

Dr. Peter Ubel, author of Free Market Madness: Why Human Nature Is At Odds Withubel-cover Economics-And Why It Matters will be the April 27 guest on Economic Perspectives on KAZI 88.7 FM.  In his book, physician and behavioral scientist Ubel argues that the combination of human nature and free markets can be downright dangerous for our health and well-being.  He believes that government must step in and further regulate the markets that reward those who exploit of our weakness.

“…freedom to choose is accompanied by the freedom to make bad choices.  And in the current marketplace, filled with companies that make a habit of studying human behavior, freedom too often leads to harm and misery,” writes Ubel.  “We might think that we are impervious to television ads or supermarket sales schemes.  But marketers and sales experts know more about our behavior than we do, and they know how to influence us without our awareness.”

Ubel is a physcian at the University of Michigan, where he directs the Center for Behavioral and Decision Sciences in Medicine.  A founding member of the World Economic Forum’s Global Health Forum, he has written for numerous science publications as well as the New York Times and the Huffington Post.

Dr. Dwight Stewart, an Austin economist and president of EmployStats, will co-host the interview.

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