Truth on the Market

Academic commentary on law, business, economics and more

Rizzo v. Thaler on "Libertarian Paternalism" at Econoblog

Posted by Josh Wright on May 25, 2007

See here.

My favorite line of the exchange comes from Rizzo in response to Thaler’s inclusion of private choices by firms to adopt automatic savings plans as examples of “libertarian paternalism”:

“Is New Paternalism primarily about advising private individuals and firms? If so, why use a political term — libertarian — to identify it?  It is simply a management-consulting philosophy.”

Really nothing new in the exchange — but still entertaining.

Sorry, the comment form is closed at this time.

 
Follow

Get every new post delivered to your Inbox.

Join 870 other followers