NUDGE:
Improving Decisions About Health, Wealth,
and Happiness
By Richard H. Thaler and Cass R. Sunstein
Yale University Press
Publication date: April 2008
Contact: Angela Hayes, 212-446-5104
Everyone knows that many Americans are struggling
with obesity, failing to save for retirement, investing their money
foolishly, receiving inadequate educations, contributing to climate
change, and choosing health insurance plans that poorly meet their
needs. Why do so many of us make bad choices on such important issues?
Do we really want to choose badly? In a nation founded on liberty,
can we guide people to better choices without hampering their freedom?
Is it possible for people to be wealthier, healthier, and also more
free? In Nudge: Improving Decisions about Health, Wealth,
and Happiness, pioneering economist Richard Thaler
and leading legal thinker Cass Sunstein answer with a resounding
“Yes.” In this fascinating, enlightening, and often
funny book, they offer easy-to-implement ideas that can greatly
improve people’s lives, without anyone being forced to do
anything. Instead, people are offered gentle but helpful nudges.
The authors begin by examining how human beings make
decisions. Recent scientific research shows that people are susceptible
to cognitive biases and blunders. Because we are human, we are fallible,
and because we are fallible, we can use all the help we can get.
Nudge uses cutting-edge research about
human fallibility, much of it first produced by the authors themselves,
and outlines a new world that recognizes human nature for what it
is, while also making wise choices easier and more likely. Full
of practical solutions that could make the world run better at no
additional cost, and reconciling the liberal impulse to improve
society with the conservative impulse to maximize liberty, Nudge
could be the start of a non-partisan policy revolution. Perhaps
even more exciting, it makes available to the broadest audience
a deep knowledge of how human beings actually choose, opening for
leaders and individuals a world of opportunities for beneficial
changes in our lives.
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