Libertarian paternalism is not an oxymoron: paternalism means attempting to make people better off as judged by themselves, and libertarian means a policy that does not restrict anyone's freedom to choose, so a non-coercive policy aimed at people's own welfare combines both.

definitionpending

Speaker

Richard Thaler

Evidence Quote

by paternalism all we mean is attempting to make people better off as judged by themselves

Source

Richard Thaler on Libertarian Paternalism 11/6/2006EconTalk
Created: 6/13/2026, 7:01:05 PM

My Notes

Loading notes...