Richard Thaler Quotes: top 33 famous quotes about Richard Thaler

Richard Thaler Quotes & Sayings

Happy to read and share the best inspirational Richard Thaler quotes, sayings and quotations on Wise Famous Quotes.

specific values to objects. When they have to give something up, they are hurt more than they are pleased if they acquire the very same thing. — Richard H. Thaler

I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy. — Richard Thaler

Why tie to gold? Why not 1982 Bordeaux? — Richard Thaler

The assumption that everybody will figure out how much they have to save and then will just implement that plan is obviously preposterous. — Richard Thaler

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick. — Richard Thaler

average article written in a specialized academic journal is probably lucky to find 100 readers. — Richard H. Thaler

My golf game's gone off so much that when I went fishing a couple of weeks ago my first cast missed the lake. — Ben Crenshaw

Most economists, including me, agree that longevity insurance would make sense for a lot of people. — Richard Thaler

If people just put away what's left at the end of the month, that's a recipe for failure. — Richard Thaler

A good rule of thumb is to assume that everything matters. — Richard Thaler

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action. — Richard Thaler

It's amazing how many people beat you at golf now that you're no longer president. — George H. W. Bush

I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk. — Richard Thaler

The goal is justice, the method? is transparency. It's important not to confuse the goal and the method. — Julian Assange

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do. — Richard Thaler

Psychologists tell us that in order to learn from experience, two ingredients are necessary: frequent practice and immediate feedback. — Richard H. Thaler

Wealth, too, is often separated into various mental accounts. At the bottom of this hierarchy sits the money that is easiest to spend: cash. — Richard H. Thaler

If you want to encourage someone to do something, make it easy. — Richard Thaler

There's no reason to think that
markets always drive people to
what's good for them. — Richard Thaler

Every good leader is part manager and every good manager is part leader. — Condoleezza Rice

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers. — Richard Thaler

To approach these problems we once again rely on one of our guiding principles: transparency. — Richard H. Thaler

individual risk taking, especially in the domain of risks to life and health. — Richard H. Thaler

My mantra is if you want to help people accomplish some goal, make it easy. — Richard Thaler

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior. — Richard Thaler

Every American worker should be able to save for retirement via payroll deductions. — Richard Thaler

[On homosexuality:] I'm more inclined [now] to say live and let live. — Anita Bryant

Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait. — Richard Thaler

I think we also have learned the lesson that we have to have better incentive structures. — Richard Thaler

We are members of a strange species that devotes its energies to climbing the ladder of success in order to make money to buy things we don't like. — Laurence J. Peter

The lesson from behavioral economics is that people only save if it's automatic. — Richard Thaler

Electoral politics was always an objective of the Black Panther party, so Barack Obama is a part of what we dreamed and struggled and died for. — Bobby Seale

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite. — Richard Thaler