RESERVATIONS ABOUT THE ‘NUDGE’ PHILOSOPHY

Authors


Philip Booth is Editorial and Programme Director, Institute of Economics Affairs, and Professor of Insurance and Risk Management, Cass Business School (pbooth@iea.org.uk).

Abstract

The government has embraced the Nudge philosophy. Its enthusiasm is misplaced. It undermines freely chosen paternalistic mechanisms and has no guarantee of producing better government decision making about whether to intervene in a free economy.

Ancillary