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Richard Thaler on Libertarian Paternalism

EconTalk

The Evidence That Most of Us Go Out and Get Advice From Unbiased Sources

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Most of us go out and try to find advice from people who we think ought at least have a chance of having our self interested heart. The most like most frequent person they asked advice from turned out to be the clerk who was in charge of receiving the forms that they had to fill out in order to become an employee. A, yes, it's true that have lots of incentives to go seek expert advice, but the evidence is they don't.

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