Word: sunstein
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...Lowell House tie, returned to his alma mater, providing a glimpse into his 19-year tenure on the Supreme Court during Harvard’s annual Constitution Day event.For the past five years, Harvard has observed this anniversary with lectures by preeminent Harvard Law School professors including Cass R. Sunstein ’75, who is now heading the White House Office of Information and Regulatory Affairs.Harvard, which received about $535 million from the federal government in the 2008 fiscal year, is required per a 2004 federal law for all schools receiving federal funding to provide an annual lesson...
...Professor Cass R. Sunstein ’75 was successfully confirmed by the Senate on Thursday to be head of the Office of Information and Regulatory Affairs. As the Obama administration’s regulatory “czar,” Sunstein will be responsible for investigating the costs and benefits of the government’s regulatory policies, on issues ranging from financial services to environmental policy. “I feel honored, grateful, and humbled to be able to serve the country,” Sunstein wrote in an e-mailed statement to The Crimson on Saturday...
...Economist Richard Thaler and legal scholar Cass Sunstein, who now heads the White House Office of Information and Regulatory Affairs, think we should go even further. In their book Nudge, they sketch a system in which once a year credit-card companies would be required to break out all the fees, interest and other charges customers paid over the past 12 months. That information would come on a person's statement as well as electronically for easier comparison shopping. "By knowing their precise usage and fee payments, customers would get a better sense of what they are paying for," write...
...that granola is high in fat. And some of our choices are simply bewildering, which is why it's so easy to stumble into hidden fees and balloon payments tucked in the fine print of our mortgages. Even Ph.D.s can get confused by our society's paperwork; Thaler and Sunstein tell a story in Nudge about struggling to help a health economist pick a prescription-drug plan for her parents...
...cover story on energy efficiency. He later discovered that during Obama's election effort, there was a secret consortium of the nation's leading behaviorists who were advising the campaign. Now the Administration boasts a number of senior members--including Budget Director Peter Orszag and regulatory-czar nominee Cass Sunstein--who are using these ideas to help change the economy and our behavior...