@R_Thaler "Good" is debatable and circumstances are extraordinary. It's a bit like asking how to remove that 5% of negative risk. Further, how would you signal that you're approaching $X per day? "If it's below 32 degrees and everyone is in town, you may experience a surge?"
Hey #EconTwitter does anyone think it was a good idea to offer Texas utility consumers a contract with surge pricing and no cap? Why not instead turn off my power if it will cost me more than $X per day?
@R_Thaler How much of this is precedent? If higher education were made "free" for future generations, wouldn't we need to eventually forgive those currently w/ debt? Also, is it certain that "go to college" is an overwhelming preference to "no college" among those not attending?
I do not understand why paying off student loans is a hot button progressive issue. Why those loans as opposed to (say) credit cards, payday, auto, mortgage, etc? nytimes.com/2020/12/10/us/…
How to decide when deciding is hard? A paper at the dawn of behavioral economics, law, and public policy: Second-Order Decisions, by Edna Ullmann-Margalit (main author) and one other.
papers.ssrn.com/sol3/papers.cf…
If you are curious why nothing will change; "Walmart, one of the nation's largest gun retailers, tweeted that the company is cooperating with officials and extended prayers to those affected." #Walmart
@CassSunstein@TimHarford@R_Thaler This is an excellent piece and likely a 'nudge' for me to reread Nudge and Misbehaving. @R_Thaler please write the text about Sludge! I will work for cashews.