Some Notes on the Nudge: The Political Economy of Libertarian Paternalism in Democratic Societies

2011 ◽  
Author(s):  
Jan Schnellenbach
Keyword(s):  
Political Economy ◽  
Libertarian Paternalism ◽  
The Political ◽  
Democratic Societies

Political Theory and Political Economy

2009 ◽  
Author(s):  
Stephen L. Elkin
Keyword(s):  
Economic Growth ◽  
Political Economy ◽  
Political Theory ◽  
Political Life ◽  
The Political ◽  
Distribution Of Wealth ◽  
Contemporary World ◽  
The Core ◽  
Democratic Societies

This article describes the connection between political theory and political economy. It argues that political theorists need to take account of political economy in theorizing about the contemporary world because capitalism is the most powerful force at work in shaping the modern sociopolitical world. It also explains that economic questions concerning economic growth, the distribution of wealth and income, and role of markets are at the core of the political life in democratic societies.

scholarly journals Exploring the (behavioural) political economy of nudging

2017 ◽  
Vol 13 (3) ◽  
pp. 499-522 ◽  
Author(s):  
CHRISTIAN SCHUBERT
Keyword(s):  
Political Economy ◽  
Libertarian Paternalism ◽  
The Political ◽  
Anglo Saxon ◽  
Policy Makers ◽  
Public Regulation ◽  
Institutional Approach

AbstractIn recent years, a novel, specifically institutional approach to public regulation has become popular, particularly in the Anglo-Saxon world: ‘Libertarian Paternalism’ promises to tackle society's problems in a way that increases welfare without compromising people's freedom and autonomy. The key instrument advanced by this programme isnudges. Although nudges’ ethical quality has been discussed at length, the political economy driving their implementation by self-interested (and possibly boundedly rational) policy makers and bureaucrats has been largely neglected so far. This paper elaborates on how this gap might be filled.

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