The Radical Minimalist

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The Radical Minimalist Powered By Docstoc
					The Radical Minimalist
Robert Kuttner
The American Prospect; Apr 2009; 20, 3; Docstoc
pg. 28




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Description: Sunstein's latest book, Nudge, co-authored with University of Chicago economist Richard Thaler, observes that ordinary people make ill-informed financial choices because they lack adequate time or knowledge or because the deck has often been stacked in favor of bad consumer decisions by self-serving merchants. By using public regulation not to dictate outcomes but to alter "choice architectures," enlightened government can help consumers to make better decisions, both for their own well-being and to discipline producers. [...] does libertarian paternalism make markets work better.
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