Friday, April 17, 2009

Nudge: Improving Choices

Richard Thaler and Cass Sunstein have written a book about choice architecture and how humans are influenced by the way information is presented to us. It will change the way you think without getting paranoid about "Big Brother." They claim that they can "nudge" people into making the best decision for themselves without restricting their freedom of choice. Topics include investing, prescription drugs, environmental concerns, improving our schools,

Saturday, April 11, 2009

When Government Calls the Shots

The U.S. stimulus package of $2 Trillion outpaces Japan's $200 Billion, China's $586 Billion and will be the highest GDP share since WWII. Don't expect Uncle Sam to ease your burdens; look for more labor unions, continued financial bailouts, and over regulation. Government will soon be the world's economy driving force.