EP20: Are Humans Actually Irrational? (On Thaler and Sunstein’s Libertarian Paternalism) Feat. Gordon Katic

In this episode, we ask, how irrational are human beings really? To answer this, we read Richard H. Thaler and Cass R. Sunstein’s classic essay on “libertarian paternalism” which argues that because human beings are easily manipulated by their surrounding “choice architecture”, governments should use this mechanism to encourage citizens to make better choices.

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