⚡ Libertarian Paternalism

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Libertarian Paternalism



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Nudge - Libertarian Paternalism

One of my friends, an aspiring photographer who I met on the high school newspaper, smoked Camels. I asked if I could bum one, and he warned me that I might soon find myself addicted. I was sixteen. It seems that some people are natural smokers. The plan worked, but only temporarily. It turned out that I had a better relationship with tobacco than I did with the punk rock girl. We dated for two months. I smoked for nine years. Cigarettes were still a helpful accessory for my generation of men who wanted to look cool and attract girls.

We saw ourselves in the tradition of the great smokers — James Dean, Paul Newman, as well as the older, hipper and tougher guys in town. My and year-old students find smoking repulsive. With awareness campaigns in public schools, warning labels, taxes driving up the cost of packs and cartons, and indoor bans against smoking, the nanny state has successfully caused people to quit a lethal habit and prevented many more from ever starting.

In , the year that I had my first cigarette, the smoking rate in the United States was It is currently 15 percent, and the Centers for Disease Control predicts that in , it will drop to 12 percent. Over 40 percent of American adults were smokers between the years of to It seems unlikely that candy bars, cans of soda and bags of potato chips will become glamorous, but countless Americans consume awful and poisonous food, apparently, without much concern for the consequences.

A new report from the CDC demonstrates that obesity is no longer just a problem in the United States. It is a raging medicinal and financial crisis. Nearly 40 percent of Americans are obese, and almost 20 percent of adolescents suffer from obesity. Given that an additional 30 percent of Americans are overweight, those in the healthy weight range are now a skinny minority.

Obesity is a contributing cause to five of the ten leading causes of death in the United States. Research by behavioral economists demonstrated, moreover, that firms which raised the default rate instantly and dramatically raised the contribution rates of their employees. Raising default contribution rates is also an example of asymmetric paternalism. Those who are making an informed deliberate choice to put aside zero percent of their income in tax deferred savings still have this option, but those who were not saving simply out of inertia or due to procrastination are helped by higher default contribution rates. It is also asymmetric in the second sense: If you do not believe that defaults matter, because you believe that people will make rational decisions about something as important as retirement saving, then you should not care about the default rate.

If you believe that defaults matter, on the other hand, you should want to set defaults at the level that you believe will be best for the largest number of people. There has been much criticism of the ideology behind the term, libertarian paternalism. For example, it has been argued that it fails to appreciate the traditional libertarian concern with coercion in particular, and instead focuses on freedom of choice in a wider sense.

From Wikipedia, the free encyclopedia. Political and sociological concept. This article is about the concept of liberal paternalism, which is sometimes described as a form of soft paternalism. For other uses of "soft paternalism", see paternalism. Anti-imperialism Civil libertarianism Counter-economics Decentralization Departurism Economic freedom Evictionism Free market Free-market environmentalism Free migration Free trade Free will Freedom of association Freedom of contract Freedom of speech Homestead principle Individuality Individualism Libertarianism Liberty Limited government Localism Marriage privatization Natural and legal rights Non-aggression principle Non-interventionism Non-politics Non-voting Polycentric law Private defense agency Private property Public choice theory Restorative justice Right to bear arms Rugged Individualism Self-ownership Single tax Small government Spontaneous order Stateless society Tax resistance Title-transfer theory of contract Voluntary association Voluntary society.

Austro-libertarianism Bleeding-heart libertarianism Christian libertarianism Consequentialist libertarianism Geolibertarianism Green libertarianism Natural-rights libertarianism Neo-libertarianism Paleolibertarianism Technolibertarianism. Agorism Anarcho-capitalism Autarchism Constitutionalism Fusionism Libertarian feminism Left-wing market anarchism Libertarian conservatism Libertarian paternalism Libertarian socialism Libertarian transhumanism Minarchism Panarchism Propertarianism Voluntaryism.

New Left Old Right. Come and take it Gadsden flag Libertarian science fiction Ron Swanson. Related topics. Social scientists. Government programs. Government agencies. Related concepts. Behavioral economics Social proof Default effect Paternalism Libertarian paternalism Choice architecture Social engineering IT-backed authoritarianism Design for behaviour change. Nudge theory in business.

Loyalty program Safety culture. Libertarianism portal. The American Economic Review — University of Chicago Law Review 70 4 : — New York: Penguin Books. September 26, Opting Out". The New York Times. Archived from the original on July 4,

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