Rizzo v. Thaler on "Libertarian Paternalism" at Econoblog

Josh Wright —  25 May 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.