<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div></div><div style="padding: 10px 16px 21px;"><div><span style="background-color: rgba(255, 255, 255, 0);">On Oct 21, 2016, at 5:05 PM, William Flynn Wallace <</span><a href="mailto:foozler83@gmail.com" style="background-color: rgba(255, 255, 255, 0);">foozler83@gmail.com</a><span style="background-color: rgba(255, 255, 255, 0);">> wrote:</span></div><blockquote type="cite"><div dir="ltr"><div class="gmail_extra"><div class="gmail_quote"><font color="#000000"><span style="background-color: rgba(255, 255, 255, 0);">On Fri, Oct 21, 2016 at 6:55 PM, Dan TheBookMan <span dir="ltr"><<a href="mailto:danust2012@gmail.com" target="_blank">danust2012@gmail.com</a>></span>wrote:<br></span></font><blockquote class="gmail_quote" style="margin: 0px 0px 0px 0.8ex; border-left-color: rgb(204, 204, 204); padding-left: 1ex;"><div dir="auto"><div></div><div><div></div><div><div></div><div><div></div><div><div><font color="#000000"><span style="background-color: rgba(255, 255, 255, 0);">I'm not sure if the original question was about requiring all firms to adhere to the same policy. If so, the libertarian answer would be: No way. In other words, if one firm decides they want to default to Yes (or No) that shouldn't bind anyone except those who decide to work for that firm under those terms. Another firm could have the opposite default or even no retirement plan at all.</span></font></div><div><font color="#000000"><span style="background-color: rgba(255, 255, 255, 0);"><br></span></font></div><div><font color="#000000"><span style="background-color: rgba(255, 255, 255, 0);">Libertarian paternalism, especially the nudge idea, works under the presumption that one default is good, but that presumes those who decide the default for everyone -- in this example, all employees at all firms -- know what's best. It also presumes that because of their knowledge they have a right to enforce a default on everyone. Libertarians, however, should question both presumptions here -- not quibble over which default is libertarian. <br><br></span></font><div style="line-height: normal;"><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><font color="#000000">Regards,</font></span></div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><font color="#000000"><br></font></span></div><div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><font color="#000000">Dan</font></span></div></div></div></div></div></div></div></div></div></blockquote><div><font color="#000000"><span style="background-color: rgba(255, 255, 255, 0);"><br></span></font></div><div><div class="gmail_default" style="display: inline; background-color: rgba(255, 255, 255, 0);"><font color="#000000">​Company policy, not laws. "enforce a default" offers no choice. There is only one default offered in the 'opt out' setting: 'in'. In the 'opt in' setting the default is 'out'. bill w</font></div></div></div></div></div></blockquote><span style="background-color: rgba(255, 255, 255, 0);"><br></span><div><span style="background-color: rgba(255, 255, 255, 0);">Then the 'libertarian' answer should be obvious: each firm should be permitted to set its default as it please -- as I mentioned above. Think of a similar case: should restaurants be allowed to charge before or after serving the meal? Let the restaurants decide. There is no other libertarian position here. It's kind of like asking if the libertarian position is to wear a pullover or a shirt. ;)</span></div><div><span style="background-color: rgba(255, 255, 255, 0);"><br></span></div><div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Regards,</span></div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);"><br></span></div><div><div style="line-height: normal;"><span style="line-height: 20px; background-color: rgba(255, 255, 255, 0);">Dan</span></div><div style="line-height: normal;"><span style="background-color: rgba(255, 255, 255, 0);"> Sample my Kindle books via:</span></div><div style="line-height: normal;"><font color="#000000" style="background-color: rgba(255, 255, 255, 0);"><a href="http://author.to/DanUst" style="background-color: rgba(255, 255, 255, 0);">http://author.to/DanUst</a></font></div></div></div></div></body></html>