Even if government successfully implemented good default choices (libertarian paternalism), it would be problematic because success would justify more government control of the economy, and good defaults set in one year may be poor a few years later, yet government rarely changes things that appeared successful.

normativepending

Speaker

John Brothers

Evidence Quote

even when government employees or agencies do try to work in our interest, the likelihood that they'll actually succeed is not very high. They'll try and fail for all the right reasons.

Source

Virginia Postrel on Style 11/27/2006EconTalk
Created: 6/17/2026, 10:31:39 AM

My Notes

Loading notes...