Following the awarding of the Nobel Prize for Economics to Richard C. Thaler, I was concerned that not enough people knew about the subject of his contribution to economic theory, behavioural economics or, more commonly, “nudge theory”. I believe that this is because nudge theory economics had never before been explained in rhyme. So, I fixed it.
An Explanation of Nudge Economics
or U Can’t Nudge This, Doo-do-do-do-doo.
Ruling the morons is irksome and tiring.
Their taste for self-harm never slows or relaxes.
So when changing the public’s destructive hard-wiring,
the old-fashioned methods are levies and taxes.
But the twenty-first century’s ways are more subtle.
No need to let everyone know what you’ve planned.
To make any Gulliver rule Lilliput ’ll
be easy when you learn to be underhand.