Adam Smith Institute - Latest Comments in Tories hire Nudge author Thaler

Re: Tories hire Nudge author Thaler

John McLeod — Sun, 11 Oct 2009 20:37:36 -0000

Sunstein, Thaler and fellow behavioral economist Larry Summers go way back at U Chicago, as documented in a fascinating pre-9/11 Thaler puff piece in the NYT Magazine reprinted here.
http://www2.owen.vanderbilt...

Sunstein & Thaler present their ideas on a pretty regular basis (including a session on Nudge) at the American Enterprise Institute. I'm beginning to get the impression that America is a one-party system, and Italy won the Second World War ;-)

Re: Tories hire Nudge author Thaler

Alimac — Sun, 11 Oct 2009 08:59:19 -0000

This topic is worth treating seriously

The Thaler line is that behaviour is too important to be left to economics

The same is happening in other social studies and in science

The boundaries of each discipline are being eroded by other “disciplines”

In extreme form this is called ontology or the study of reality

Meaning that results of science can be subverted by politicians

Politicians have also captured climate science now a matter of consensus among those who favour AGW in spite of zero evidence

Most expenditure on science supporting IPCC must be wasted as it ignores the sun as a climate driver.

And I tend to the same conclusion on marginal expenditure on education in UK and perhaps the NHS

Re: Tories hire Nudge author Thaler

Peter — Sun, 11 Oct 2009 03:37:31 -0000

Hehehe. They used to have these on some British station urinals too.

Judging by the state of some loos, maybe it's about time these 'flies' made a comeback :)