Wright on "Libertarian Paternalism":
GMU law professor Joshua Wright takes sides in the Posner-Becker dialogue over libertarian paternalism.
It is not enough to justify paternalistic intervention (soft, hard, libertarian, or otherwise) simply to show that consumers make mistakes. The burden of proof is to demonstrate that the government can make better choices for the individual than can the individual. In accounting for the long run costs of paternalism, we must also be mindful of dynamic effects that are likely to follow from paternalistic decision-making before intervening.
Related Posts (on one page):
- Posner Again on Libertarian Paternalism:
- Sunstein on Libertarian Paternalism:
- Wright on "Libertarian Paternalism":
- Becker & Posner on Libertarian Paternalism: