Behavioral economics' empirical findings on irrationality are strong, but jumping from them to libertarian-paternalist government policy is unwarranted, because the same irrational people run government—and there they handle other people's money with less care, compounding irrationality with indifference.

causalpending

Speaker

David Henderson

Evidence Quote

irrationality plus I don't care very much and somehow you're gonna get a better result

Source

David Henderson on Disagreeable Economists 7/30/2007EconTalk
Created: 6/16/2026, 3:03:17 PM

My Notes

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