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Book Reviews movie; seeking to create sympathetic alignment with her, Larry alters his behavior. In one sense Mary is corrupting Larry’s will by enticing him to ignore his previously set goal. But relationships involve give-and-take, and if Larry always resists Mary’s desire for spontaneous action, their relationship may be damaged because Larry will be perceived as hardheaded and unbending. This is where social rules — often made into public policy — can be effective according to the authors. The “last call” for drinks at bars is an enforced mechanism of self-control; closing times are antithetical to the preference satisfaction or libertarian points of view, but may be highly desirable from a meta-preference viewpoint of structuring environmental constraints that prevent procrastination. Hence, “some of the most important resources for overcoming procrastination are not portable, individual assets but are shared goods” [p. 250]. Heath and Anderson find the recent trends toward liberalizing markets and abandoning traditional paternalistic approaches to be worrisome, particularly for those least able to marshal other external, social, or internal resources for combating procrastination. The Thief of Time provides a fascinating collection of papers about a subject that should interest economists. The strength of the book is its
Eastern Economic Journal – Springer Journals
Published: Mar 12, 2013
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