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Keyword: thaler

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  • The Nudge Debate (liberal paternalism)

    08/08/2013 9:39:15 PM PDT · by rey · 18 replies
    NYTimes ^ | 8 August 2013 | David Brooks
    excerpt: In 2009, Richard H. Thaler and Cass R. Sunstein published a book, called “Nudge,” on how government and other organizations could induce people to avoid common errors. Last year, Sunstein gave the Storrs Lectures at Yale on the topic, which will soon be published as a book called “Nanny Statecraft.” Last month, the Obama administration announced that it is creating a new team to explore applications of this sort of empirical research to policy-making.
  • Obama Regulation Czar Advocated Removing People’s Organs Without Explicit Consent

    09/04/2009 4:15:09 AM PDT · by Man50D · 105 replies · 2,375+ views
    CNSNews.com ^ | September 04, 2009 | Matt Cover
    Cass Sunstein, President Barack Obama’s nominee to head the Office of Information and Regulatory Affairs (OIRA), has advocated a policy under which the government would “presume” someone has consented to having his or her organs removed for transplantation into someone else when they die unless that person has explicitly indicated that his or her organs should not be taken. Under such a policy, hospitals would harvest organs from people who never gave permission for this to be done. Outlined in the 2008 book “Nudge: Improving Decisions About Health, Wealth, and Happiness,” Sunstein and co-author Richard H. Thaler argued that the...
  • Libertarian Paternalism

    12/03/2008 2:52:24 PM PST · by SMCC1 · 3 replies · 352+ views
    Ludwig von Mises Institute ^ | 5/21/2008 | David Gordon
    "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. Smokers, putting aside the issue of secondary smoke, do not violate others' rights: they harm only themselves. Nevertheless, a paternalist about smoking would think it justifiable forcibly to prevent people from smoking. Libertarians deny that such interference is acceptable. Force may be used only in response to aggression....
  • The Audacity of Data

    03/01/2008 8:02:52 AM PST · by oblomov · 18 replies · 127+ views
    The NEw Republic ^ | 12 March 2008 | Noam Scheiber
    As a young economics professor in the late 1970s, Richard Thaler began noticing small but nagging ways in which ordinary people defied the predictions of economic theory. A friend confided that he mowed his lawn to save $10, but winced at the suggestion that he mow someone else's to make $10. A colleague confessed that he'd never go out and buy a $50 bottle of wine for a family meal, but that he'd recently opened up a $50 bottle at dinner because it happened to be lying around. The textbooks assumed people would behave identically when equal amounts of money...
  • The machine that invents

    01/26/2004 7:20:12 PM PST · by Momaw Nadon · 50 replies · 528+ views
    St. Louis Post-Dispatch ^ | 01/25/2004 | By Tina Hesman
    <p>Technically, Stephen Thaler has written more music than any composer in the world. He also invented the Oral-B CrossAction toothbrush and devices that search the Internet for messages from terrorists. He has discovered substances harder than diamonds, coined 1.5 million new English words, and trained robotic cockroaches. Technically.</p>