As obesity prevention becomes an increasing health priority in many countries, including Australia and New Zealand, the challenge that governments are now facing is how to adopt a systematic policy approach to increase healthy eating and regular physical activity. This article sets out a structure for systematically identifying areas for obesity prevention policy action across the food system a...

the public sector is an influential partner of the market economy in many developing countries. in the absence of government’s intervention, economic functioning of these countries could turn into constant disequilibrium without any hope of growth and economic prosperity. on the other hand unlimited government intervention could harm the economic growth by unnatural expansion of public sector a...

Michael Walzer argues that except in cases involving genocide or mass slaughter, humanitarian intervention is unjustifiable because “citizens get the government they deserve, or, at least, the government for which they are ‘fit.’”1 Yet, if people are autonomous and deserve the government that rules over them, then it would seem that they are responsible for the government’s actions, including t...

This paper examines the allocation of credit in a market in which borrowers have greater information concerning their own riskiness than do lenders. It illustrates that (1)the allocation of credit is inefficient and at times can be improved by government intervention, and (2) small changes in the exogenous risk-free interest rate can cause large (discontinuous) changes in the allocation of cred...