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Comment: Policymaking Insights from Behavioral Economics. David Laibson, 2009, Opinion. "Annamaria Lusardi’s paper is a wonderful summary of what is known about financial literacy and financial decisionmaking. I strongly recommend that anyone who is thinking about household savings behavior or savings policy read her paper. It emphasizes the recent findings that Lusardi and her coauthors have generated: financial illiteracy is an important contributor to suboptimal investment choices. My comments cover four topics. First, I discuss the classical economic argument that economic choices might be sophisticated..."