Richard Thaler on Libertarian Paternalism
EconTalk
00:00
Pensions
In the private sector, what we're seeing is retrenchment. And plan sponsors and forwink, administrators have been realizing that the number of options is probably too big. The more options there are, the longer it takes for people to get around to signing up because there's some paralysis. So much like what i would have liked to see in the sweetest plan, which is all for as many option as you want, but have a simple way for the unsophisticated people to elect something good.
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