paternalism

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1) Decision making when you’re in poverty is hard because every decision is critical. Taxes mental resources and self-control.

2) At Buenos Aires restaurants, diners who want salt now have to ask their waiters. Hat tip: Ramiro Lynch.

3) Apple made the shuffle function in the iPod “less random to make it feel more random,” according to Steve Jobs. Hat tip: John Kenny.

4) 100-calorie packs do reduce caloric intake among the heaviest.

5) The Optimism Bias – Time’s cover story.

6) Self-control for Max OS X.

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Our home city of Chicago is the most paternalistic city in the U.S., according to Reason magazine.

Feedflix is a tool for Netflix subscribers to figure out how much each rental is costing you.

Impressive online choice architecture from Olay. If only the Medicare prescription drug web site was this user-friendly.

Mostly Economics thinks overconfidence is in our genes, and links to a funny paper (that is intended to be serious) for Excel users – overconfidence among spreadsheet creators.

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