Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.

Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait.

Why tie to gold? Why not 1982 Bordeaux?