Klein's Critique of Thaler & Sunstein

by Don Boudreaux on March 27, 2005

in Myths and Fallacies

My new colleague Dan Klein — who, I’m thrilled to report, will join George Mason University’s Economics faculty in August — offers this penetrating critique of Richard Thaler’s and Cass Sunstein’s notion of "libertarian paternalism."  (I agree with Pejman Yousefzadeh, at the always-insightful Pejmanesque, that this term is evidence of impressive chutzpah.)

Thanks to Larry White, over at Division of Labour, for reminding me of Dan’s essay — an essay that goes far deeper into the problems with "libertarian paternalism" than I attempt here.

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