We now have lots of evidence from psychology and behavioral economics that we are often very bad at choosing effective means to our ends. In such cases, we need the help of others—and in particular, of government regulation—to keep us from going wrong.According to Obama, she really didn't write that. lol
The devil made her do it, since nobody has a free will. I guess only smart people have that. /snark
By the way, this reminds me of a book review I did.
h/t Samizdata
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