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Bill Freehling is a business writer for The Free Lance-Star and Fredericksburg.com. This blog is on Fredericksburg-area business. Send an e-mail to Bill Freehling.

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Putting laziness to work

My Business Browser column in Sunday’s FLS will be about an interesting strategy that the Obama administration is trying to improve personal financial decisions. It would essentially take advantage of many Americans’ laziness/cluelessness when it comes to personal finances. Defaults would be set up that would allow people to save and be steered into smart financial products. Of course not everyone agrees with this approach. Opponents call it paternalistic. The basis of the column will be this interesting article in Tuesday’s Wall Street Journal.

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Permalink: http://news.fredericksburg.com/businessbrowser/2009/06/25/putting-laziness-to-work/

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