Richard Thaler on Libertarian Paternalism

Richard Thaler of the U. of Chicago Graduate School of Business defends the idea of libertarian paternalism--how government might use the insights of behavioral economics to help citizens make better choices. Host Russ Roberts accepts the premise that individuals make imperfect choices but challenges Thaler on the likelihood that government, in practice, will improve matters. Along the way they discuss the design of Sweden's social security system, organ donations and whether professors at Cornell University are more or less like you and me.

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Richard Thaler on Libertarian Paternalism is an episode from EconTalk Archives, 2006 by Library of Economics and Liberty.

This episode is 1:02:40 long.

This episode was published on Nov 6, 2006.

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