A Dose of Libertarian Paternalism (Washington Post)
Story date: 2008-04-06 07:32:51
Added on: 2008-04-07 05:02:43
About 25 years ago, Cass Sunstein opened a retirement account that had two portfolios. One was mostly bonds, the other mostly stocks. Like many academics who use the TIAA-CREF investment program, Sunstein divided his money equally between stocks and bonds.
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