Found 50 article(s) for author 'Cass Sunstein'

New War on Poverty Needs Correct Facts

New War on Poverty Needs Correct Facts. Cass Sunstein, January 9, 2014, Opinion. “The War on Poverty is now 50 years old. Has it failed? The answer varies, depending on whether we use the government’s official poverty measure or its much newer, and far more informative, one…” Link verified June 19, 2014

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Regulatory Review for the States

Regulatory Review for the States, Edward Glaeser, Cass Sunstein, 2014, Paper, “Dudley Square is Boston’s busiest bus stop, with 30,000 passengers passing through daily. Eighty thousand people live within a mile of the stop. Yet the area is an entertainment vacuum, with almost no restaurants, clubs, or coffee houses. The lack of local businesses is not just an inconvenience to local residents; it represents a dearth of service-sector jobs that are badly needed in the neighborhood. When local leaders are asked why businesses are not taking advantage of Dudley Square’s constant flow of potential customers, nearly all of them…” Link

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Behaviorally Green: Why, Which and When Defaults Can Help

Behaviorally Green: Why, Which and When Defaults Can Help. Cass Sunstein, Paper. “Careful attention to ‘choice architecture’ promises to open up new possibilities for environmental protection—possibilities that may be more effective than the standard tools of economic incentives, mandates, and bans. How, for example, do consumers choose between environmentally friendly products or services and alternatives that are potentially damaging to the environment but less expensive? The answer may well depend on the default rule. Indeed, green default rules may be a more effective tool for altering outcomes than large economic incentives…Link

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How Did the 1 Percent Get Ahead So Fast?

How Did the 1 Percent Get Ahead So Fast? Cass Sunstein, December 10, 2013, Opinion. “From 2009 to 2012, the U.S. experienced a significant economic recovery, in which average real income growth jumped by 6 percent. That’s the good news. The bad news is that almost all of that increase — 95 percent – – was enjoyed by those in the top 1 percent of the income distribution…” Link

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Automatically Green: Behavioral Economics and Environmental Protection

Automatically Green: Behavioral Economics and Environmental Protection. Cass Sunstein, September 19, 2013, Paper. “Careful attention to choice architecture promises to open up new possibilities for environmental protection – possibilities that go well beyond, and that may be more effective than, the standard tools of economic incentives, mandates, and bans. How, for example, do consumers choose between environmentally-friendly products or services and alternatives that are potentially damaging to the environment but less expensive? The answer may well depend on the default rule. Indeed, green default rules may well be a more effective tool for altering outcomes than large economic incentives. The underlying reasons include the power of suggestion; inertia and procrastination; and loss aversion …” Link

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Nonsectarian Welfare Statements

Nonsectarian Welfare Statements. Cass Sunstein, August 28, 2013, Paper. “How can we measure whether national institutions in general, and regulatory institutions in particular, are dysfunctional? A central question is whether they are helping a nation’s citizens to live good lives. A full answer to that question would require a great deal of philosophical work, but it should be possible to achieve an incompletely theorized agreement on a kind of nonsectarian welfarism, emphasizing the importance of five variables: subjective well-being, longevity, health, educational attainment, and per capita income. In principle, it would be valuable to identify the effects of new initiatives (including regulations) on all of these variables. In practice, it is not feasible to do so; assessments of subjective well-being present particular challenges.” Link

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Why Is U.S. Economic Mobility Worse in the South?

Why Is U.S. Economic Mobility Worse in the South? Cass Sunstein, August 8, 2013, Opinion. “Americans pride themselves on their intergenerational mobility. Our nation’s exceptionalism is organized around the American dream: No matter where you come from and no matter who your parents are, you can rise to the top of the economic ladder, so long as you are willing to commit yourself and work hard…” Link verified June 19, 2014

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Summers’s Critics Distort His Regulatory Views

Summers’s Critics Distort His Regulatory Views. Cass Sunstein, August 6, 2013, Opinion. “A lot of public discussion takes place before the president nominates a new Federal Reserve Board chairman. This time, that discussion has gotten unusually heated. Continuing economic difficulties are one reason. Another is that Lawrence Summers, a top candidate, is a larger-than-life figure — unusually well-known and widely admired, but in some circles controversial. The paradox is that those who know him best, and who have worked with him most closely, are his biggest supporters…” Link verified June 19, 2014

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Regulatory Moneyball

Regulatory Moneyball. Cass Sunstein, June 2013, Opinion. “Chances are that you will never hear a crowd at a protest rally chant, “What do we need? Regulation! When do we need it? Now!” People want safe food, clean air, and clean water. But in the abstract, regulation is never a popular idea. In a tough economic environment, it might seem like a recipe for disaster. In the United States, businesses large and small have long argued that they are subject to excessive red tape and government oversight, and in the context of a serious recession, that concern has become acute…” Link

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The Storrs Lectures: Behavioral Economics and Paternalism

The Storrs Lectures: Behavioral Economics and Paternalism. Cass Sunstein, May 1, 2013, Paper. “A growing body of evidence demonstrates that in some contexts and for identifiable reasons, people make choices that are not in their interest, even when the stakes are high. Policymakers in a number of nations, including the United States and the United Kingdom, have used this evidence to inform regulatory initiatives and choice architecture. Both the resulting actions and the relevant findings have raised the possibility that an understanding of human errors opens greater space for paternalism (and thus raises doubts about John Stuart Mill’s…” Link 

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