Richard Thaler of the University of Chicago Graduate School of Business defends the idea of libertarian paternalism—how government might use the insights of behavioral economics to help citizens make better choices. Host Russ Roberts accepts the premise that individuals make imperfect choices but challenges Thaler on the likelihood that government, in practice, will improve matters. Along the way they discuss the design of Sweden’s social security system, organ donations and whether professors at Cornell University are more or less like you and me.
David Boaz and Charles Murray each discuss their respective books about what it means to be a libertarian in this 1997 Cato debate.
Nathaniel Branden talks about self-concept and coming challenges to the libertarian movement at the 1979 Libertarian Party Presidential Nominating Convention.