Paternalism

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Economists and Psychologists Are Weaponizing Psychology and the Idea of “Rationality”

02/16/2021 Grace Ann Converse

Behavioral economists and psychologists define as irrational anything that doesn't fit into a narrow model of behavior. Anything "irrational"—like buying the "wrong" stock—must be fixed with government regulation.

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Escaping Paternalism

Tags: Other Schools of Thought, Paternalism

12/09/2020 David Gordon

David Gordon reviews Mario Rizzo and Glen Whitman's discussion of behavioral economics, which suggests we know much less about the prevalence of irrational choice than behavioral economists think we do.

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