About this episode
When Richard Thaler and Cass Sunstein released their book ‘Nudge’ in 2008, it caught the public imagination. ‘Nudge theory’ – the idea that people could be encouraged to make better choices through small, subtle interventions – was innovative, and exciting. A decade and a half later, a whole lot of nudging seems to have come to a whole lot of nothing. Why wasn’t ‘nudge theory’ more help in tackling climate change, or helping people enroll in pensions? And, even if it hasn’t saved the world, does behavioural science still have a role in policymaking? Former member of the UK’s Behavioural Insights Team and professor of behavioural science, Nick Chater, reflects on the legacy of nudges.
Related Links
Can we ‘nudge’ our way to higher growth?
The uses — and the limits — of ‘nudge’ economics
Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Get every episode summarized
Each time The Economics Show publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Economics Show
Memory chip mania isn’t going away, with Dan Kim
The Economics Show
Kevin Warsh spoke — what did we learn? With Torsten Slok
The Economics Show
From "The Story of Money": How a stock market crash gave birth to modern antisem...
The Economics Show
From "Trumponomics": Can the US Actually Tax Billionaires?
The Economics Show