New Paternalism Meets Older Wisdom: Looking to Smith and Hume on Rationality, Welfare and Behavioural Economics

Описание

What can today`s behavioural economists learn from the classical liberals of the past? Here, Erik Matson offers critical reflections on what he calls `the new paternalism` - a modern-day approach to policy-making that aims to make individuals better off, when judged by their own standards.

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