Libertarian paternalism way that will make choosers better off, as judged by themselves" (p. 5); note and consider, the concept paternalism specifically requires a restriction of choice. It is libertarian in the sense that it aims to ensure that "people should be free to opt out of specified arrangements if they choose to do so" (p. 1161). The possibility to opt-out is said to "preserve freedom of choice" (p. 1182). Thaler and Sunstein published "Nudge", a book-length defense of this political doctrine, in 2008 (new edition 2009). Libertarian paternalism is similar to asymmetric paternalism, which refers to policies designed to help people
Daniel B. Klein by Cass Sunstein and Richard Thaler, as oxymoronic. He argued against what he perceived as an overly loose and weak definition of libertarianism on the grounds that Thaler and Sunstein made no meaningful distinction between liberty and coercion. In failing to define the concepts of liberty and coercion as fundamentally dissimilar processes. Libertarian paternalism uses a hyperrational behavior model of human nature as a definition for libertarianism, and neglects alternative definitions such as those advanced by Adam Smith and F.A. Hayek. Daniel B. Klein Daniel Bruce Klein (born January 16, 1962) is an American professor of economics at George Mason