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
Geneva thaler Geneva thaler The thaler was the currency of the Geneva until 1798 (except briefly between 1794 and 1795) and between 1813 and 1839. It was subdivided into 12¾ "florins", each of 12 "sols", with the sol divided into 12 "deniers". The thaler was the currency of the Republic of Geneva until 1794, when it was replaced by the "genevoise". The genevoise only circulated until the next year, when the thaler was reinstated as the Republic's currency. In 1798, Geneva was annexed by France and the French franc replaced the thaler. After regaining independence from France in 1813 and joining the