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
Thaler thousands of dollars, and are highly sought after by serious collectors of thalers. Few circulated in any real sense so they often remain in well-preserved condition. In the Holy Roman Empire, the thaler was used as the standard against which the various states' currencies could be valued. One standard also adopted by Prussia was the Reichsthaler, which contained of a Cologne mark of silver. In 1754, the Conventionsthaler was introduced, containing of a Cologne mark of silver. In 1837, the Prussian thaler became part of a currency union which set the value of the southern German gulden at per thaler.