From the Naked Capitalism blog:
Economics: Which Way for Obama?
Below is an article in the New York Review of Books by John Cassidy about a new book by Richard Thaler and Cass Sunstein, Nudge: Improving Decisions About Health, Wealth, and Happiness. The piece does a good job of giving an overview of behavioral economics, presenting (and critiquing) how Thaler and Sunstein see it being used to shape policy, and to what degree Obama, who has used taken some ideas from “libertarian paternalism” may adhere to this philosophy.
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