Richard Thaler and Cass Sunstein's book Nudge (see yesterday's post) has had a substantial impact on the current British government. Apparently, the entire cabinet was given it as a summer reading assignment. The idea behind Nudge is that public policy should nudge people to make socially-optimal decisions by thinking cleverly about the choice architecture facing citizens. The UK government now has a Behavioural Insights Team (or Nudge Unit) which apply the insights from behavioural economics to public policy in the UK. Their blog is available here and a recent critique of the unit is here.
Michael Aldous and I had our book The CEO: The Rise and Fall of Britain's Captains of Industry published a few weeks ago. You can find out more about it and buy it at Cambridge University Press's website . It is also available at Amazon , Waterstones , and Barnes & Noble . The CEO has already been reviewed in The Sunday Times , The Observer and Financial Times .