Half of our term is libertarian: the goal is not government making decisions for people but helping unsophisticated people make better decisions without restricting the freedom of those who are informed (or mistakenly believe they are informed) to choose for themselves.

definitionpending

Speaker

Richard Thaler

Evidence Quote

without restricting the freedom of people who are informed... to choose for themselves

Source

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

My Notes

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