Obama’s Regulatory Chief Believes in Paternalistic Government
Those of us who do things right, should be free to keep the results; those of us who are irrational — the same.
I completely agree with you on this point; however, when the “Homer Simpsons” act irrationally, they will “vote themselves largess from the public treasury.” I see this as inevitable, so why not simply nudge them to act in the manner that is in their best interests from the beginning? This should make things better for everyone.
You may argue that individuals are rational, and always act in their best interests, but I think if you look at the state of our country today, you will find that this is not true (see: excessive borrowing by consumers, shortsighted actions of many high-level executives).





