The Argument for Paternalism from Pleasant Surprise

This article argues for paternalism, but not statism, from pleasant surprise. Basically, the argument from pleasant surprise means that neither neoclassical nor Misesian efficiency may be optimal ex post. Just as with any other kind of shock. Here’s a short, entertaining video which touches on pleasant surprise: So what is a poor child to do? … Read more The Argument for Paternalism from Pleasant Surprise