Posts Tagged ‘Mario Rizzo’

  1. “Normative theories tell you the right way to think”


    October 17, 2017 by AK

    …but what is rationality? What is rational behavior? In a word, maximizing: choosing the preferable consumption bundle given the budget constraints and certain other factors. One word is not enough, it seems. I should link to the principal sources of inspiration and ideas for this post: two papers by Mario Rizzo and Douglas Glen Whitman …
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  2. “Deep concerns that do not arise in traditional welfare economics”


    October 11, 2017 by AK

    In 2013, “W.W.” wrote in the Democracy in America column in The Economist: The insidiousness of “libertarian paternalism” is not in the slippery slope from the non-coercive nudge to explicitly coercive limits on individual liberty. Rather, the problem is that, as a piece of language, “libertarian paternalism” renders difficult the ability to conceive of a …
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