Marginalium

Thaler speaks about his nudges. He compares his version of libertarian paternalism to giving directions when asked, but of course no one is asking and who is to say his directions are the right ones. He is right that everything is a choice architecture though, so perhaps it doesn’t matter so much whether we like it. Also fun critique of old-school econ theory—rational actors posed as unscrupulous ‘Econs’.