Mark D. White

Writer, editor, teacher

Category: Paternalism

  • Mark D. White Harvard law professor Elizabeth Warren, special adviser to the secretary of the Treasury for the Consumer Financial Protection Bureau, has an op-ed in the Wall Street Journal this morning (subscription may be required), in which she argues that simpifying consumer credit products will please both consumers and lenders and will promote competition. After…

  • Mark D. White Yesterday's Blondie strip was enlightening, albeit (likely) unintentionally so:   I imagine Dagwood's response to the incentives provided by having to deal with some of the expenses of one's own health insurance is supposed to elicit disgruntled agreement among readers. But it really highlights an unintended consequence of the alternative: if individuals…

  • Mark D. White Since the nomination of Harvard law professor Elizabeth Warren to head the Consumer Financial Protection Bureau is currently making headlines (though not as much as if she were a disgruntled flight attendent), I thought it was a good time to share a recent paper of mine, "We've Been Nudged: The Effects of the…