Barry's Pickings
Free To Choose
Often, when I hear a presentation by some behavioral
economist about the virtues of exploiting employee passivity
to increase participation and improve asset-allocation
decisions in 401(k) plans—a.k.a. automatic enrollment,
investment defaults, and target-maturity funds—someone stands
up at question time and asks: Isn't there something wrong
with this?
Reported by Mike Barry
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