Summary
Chapter 8 of Escaping Paternalism provides a vigorous public choice critique of paternalism in general and the “new paternalism” in particular. While they deploy most of the standard public choice arguments, Rizzo and Whitman (RW) also ably turn the tools of behavioral economics against paternalism itself. Real-world paternalists really should proverbially cast the beam out of their own eyes before they decry the motes in the eyes of the populations they aspire to rule.
How can Rizzo a...
Published on August 04, 2020 05:30