Episodes
Saturday Apr 25, 2009
RICHARD THALER explains the idea of "Nudge"
Saturday Apr 25, 2009
Saturday Apr 25, 2009
Two interesting pieces trying to figure out Obama's economic policy though the idea of "Nudge." The first article by Franklin Foer, in The New Republic entitled Nudge-ocracy and the second by Derek Thompson in The Atlantic. Both miss the point that all of these ideas were spelled out over a year ago by Obama's University of Chicago colleagues, Cass Sustein and Richard Thaler in their book Nudge: Improving Decisions About Health, Wealth, and Happiness.
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