Great news for me ... I'm a Libertarian Paternalist!
I've long what I am, but just not the name.
I ESPECIALLY like the need of humans to direct money flow into
different accounts. I support many gov't individual accounts:
a forced savings retirement account (SMART or whatever)--the second
pillar
On 2003-06-29, alypius skinner uttered to [EMAIL PROTECTED]:
But would this really give us economic models more useful than the
simplified ones currently used? Taking more factors into account may make
the models so hard to maximize that there is no net gain in predictive
accuracy. Thoughts,
The usual response to someone ought to do X is why not you?. Introductory
classes must meet a lot of constraints. They must prepare those who will
continue in the tools that are actually used at higher levels. And they
must give the rest some tools they can actually use to understand some
So for this libertarian paternalist viewpoint, is the goal of these plans
to force people to do certain things, or make certain behaviors default
in the sense that they are the status quo unless people voluntarily decide
to do otherwise? Otherwise, I don't see how forced saving differs except
