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EXTRA: People Aren’t Dumb. The World Is Hard. (Update)

Freakonomics Radio

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Guiding Without Coercion

Libertarian paternalism aims to guide individuals without coercion or imposing choices, similar to how GPS offers route suggestions without scolding or enforcing directions. The approach is not about dictating behavior but assisting individuals in achieving their goals, recognizing the complexity of decision-making in various areas like financial planning for retirement.

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