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This would not be a blank cheque to finance lifestyle statements but would sensibly pay for the upkeep of property that essentially belongs to the taxpayer.
In their book and in a blog (nudges.wordpress.com), Mr. Thaler and Mr. Sunstein favor nudging people to save more, eat better, weigh less, invest more sensibly, pay down debt, avoid hazardous mortgages, drive safely and wear bike helmets — a list that expands as new ideas and new problems conducive to nudging emerge.
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When people suggested that he might have a higher calling than humor, he sensibly paid no attention to them".
It may sound a bit pessimistic, but playing sensibly will pay off.
Congress's sensible pay-as-you-go rules sensibly do not apply to emergency spending.
And it could pay executives sensibly rather than lavishly.
If companies are borrowing more cheaply and sensibly to make acquisitions, pay dividends and buy back their own shares, businesses everywhere should run more efficiently.That is the theory, at least.
That makes it more important than ever that the airwaves are sensibly allocated according to the ability to pay.
"We pay for child care together," my husband said, sensibly and supportively.
Though Conor wants children, Gina is sensibly mindful of the cost: "How were we supposed to pay for it?
Conversely, we should now see a further sudden constriction in market activity as people sensibly wait to buy until they (perhaps) no longer have to pay stamp duty.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com