Thaler and Sunstein have set themselves a seemingly impossible task. Paternalists maintain that it is sometimes justifiable to interfere with someone's freedom, if doing so will promote his own good.
We need to shut down the machinery that allows government to enact its plans.
The government wants to shape perceptions in order to minimize dissatisfaction with its irresponsible monetary and fiscal policies. When the financial press goes along and parrots statements that are obviously false, it fails in its duty to its readers.
The cliché “Third Way” has been used to define the so-called compromise between the conventional wisdom of the conservative and liberal
Dr. Block and Dr. Jared Bernstein (Economic Policy Institute) debate the minimum wage on 8 March 2008.
President Bush and the Republicans are no better than the naive Great Society liberals of yesteryear in thinking that a new law and new government
The liberal looks with increasing favor upon the socialization of industry, or as it is sometimes called, the democratization of industry. The radical keeps pointing out that while this is all very well in its way, monopoly values will as inevitably devour socialized industry as they now devour what the liberals call capitalistic industry.
Presented to the Auburn University Libertarians; Auburn, Alabama, on 14 April 2008.
