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nicki_j 's review for:
Nudge: Improving Decisions about Health, Wealth, and Happiness
by Richard H. Thaler, Cass R. Sunstein
This book was full of thought- and discussion-provoking examples and ideas. Buy MY LORD was it boring. Especially the chapters on 401k's and mortgages. This proves the authors' point in that the average person does not want to read through all of the available information on those topics -and I certainly didn't feel like reading it in this book.
I wholeheartedly disagree with some of their hypotheses (charter schools, for example). The most salient point for me is that there is no such thing as no nudge or default. Even inaction IS an action and a choice. I would definitely recommend this book for any policy maker.
I wholeheartedly disagree with some of their hypotheses (charter schools, for example). The most salient point for me is that there is no such thing as no nudge or default. Even inaction IS an action and a choice. I would definitely recommend this book for any policy maker.