Friend of the Center Eli Cook has recently published a new piece on Public Seminar, entitled: “Thaler’s Nobel Does Not Challenge Mainstream Economic: Prizing nudges over shoves misjudges what we need right now.”
Cook, who recently delivered a talk at the Heilbroner Center on speculation and finance, argued that the recent win of economist to Richard Thaler did little to expand that viewpoint of the discipline, and, instead of expanding economists understanding of the world, it merely reconfirmed old principles.