Statist Quo Bias
At first blush, Thaler and Sunstein seem to be proposing that voluntarily helping people to overcome or cope with their rash, ignorant, impulsive selves be called â€œlibertarian paternalism.â€ Such semantics would only cause confusion and introduce new terminology for things already well served by ordinary language. Upon closer reading, however, we find that they maintain an unconventional distinction between coercive and non-coercive (or voluntary) action, while never making clear how they distinguish coercive from non-coercive action. I suggest that â€œlibertarian paternalismâ€ is really a depredation upon the very distinction between coercive and voluntary action.
Volume (Year): 1 (2004)
Issue (Month): 2 (August)
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- Richard H. Thaler & Cass R. Sunstein, 2003. "Libertarian Paternalism," American Economic Review, American Economic Association, vol. 93(2), pages 175-179, May.
- Klein, Daniel B., 1994. "If Government is so Villainous, How come Government Officials don't seem like Villains?," Economics and Philosophy, Cambridge University Press, vol. 10(01), pages 91-106, April.
- Ikeda, Sanford, 2003. "How Compatible Are Public Choice and Austrian Political Economy?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(1), pages 63-75, March.
- Cass R. Sunstein & Richard H. Thaler, 2003. "Libertarian paternalism is not an oxymoron," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 48(Jun).
- Boettke, Peter J & Lopez, Edward J, 2002. "Austrian Economics and Public Choice," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 15(2-3), pages 111-119, June.
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