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Private acts, social acts and entrepreneurship

Can Millian liberalism justify regulation against bad nudges

Datos Bibliográficos

ID12842408
AutoresRobert Sugden (0000-0002-3401-3139, University of East Anglia, autor de correspondencia)
Año2025
Fecha de publicación2025-09-08
Open AccessSí
TipoARTICLE
RevistaConstitutional Political Economy (JOURNAL)
Identificadores de la revistaISSN: 1572-9966 • E-ISSN: 1043-4062
EditorialSpringer Science+Business Media (PUBLISHER • DE)
DOI10.1007/s10602-025-09479-y
OpenAlexW4414058863
IdiomaEN
Referencias citadas15

Retail firms routinely use non-deceptive ‘nudges’ (i.e., psychological cues) to induce consumers to buy their products. Le Grand and New ( Government Paternalism , 2015) and Oliver ( A Political Economy of Behavioural Public Policy , 2023) argue in favour of regulations (‘budges’ in Oliver’s terminology) that prohibit such nudges when regulators judge the relevant product to be harmful to consumers. These writers claim that such regulations are compatible with John Stuart Mill’s Harm Principle. I examine this claim through a close study of Mill’s relevant writings. I show that, when Mill explicitly considers issues analogous with present-day discussions of nudging, his position is broadly similar to those taken by Le Grand and New and Oliver. However, he is able to take that position because his mental model of a competitive market is that of early and mid-nineteenth century political economy. That model does not represent the entrepreneurial mechanisms by which competitive markets can support and promote what for Mill is a fundamental human value—the value of individuality . If the role of entrepreneurship is recognised, Le Grand and New’s and Oliver’s justifications for regulations against non-deceptive but supposedly harmful nudges are contrary to the spirit of the Harm Principle

Classical liberalism · Entrepreneurship · Harm · Market failure · Mill · Nudge theory · Politics · Position (finance · Social contract · Free Will and Agency · Law, Economics, and Judicial Systems · Legal and Constitutional Studies

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    Open Access•Richard H Thaler•Science•2018

  • Preference purification and the inner rational agent

    Open Access•Gerardo Infante, Guilhem Lecouteux et al.•Journal of Economic Methodology•2016

  • Back to Bentham? Explorations of Experienced Utility

    Daniel Kahneman, Peter P Wakker et al.•The Quarterly Journal of Economics•1997

  • Autonomy and its limits in ‘the good society’

    Open Access•Adam Oliver•Constitutional Political Economy•2025

  • Agency, adaptation, and discussion in liberal societies

    Open Access•Malte Dold•Constitutional Political Economy•2025

  • Say's Conception of the Role of the Entrepreneur

    G Koolman•Economica•1971

  • Transactional fairness in consumer markets

    Open Access•Bruce Lyons, Robert Sugden•Behavioural Public Policy•2023

  • Libertarian Paternalism Is Not an Oxymoron

    Cass R Sunstein, Richard H Thaler•The University of Chicago Law…•2003

  • Disengaging Liberalism from Rationality

    Robert Sugden•Social research•2025

Altamente citadoNo

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