Richard Thaler quotes: wise famous quotes, sayings and quotations by Richard Thaler

Richard Thaler Famous Quotes & Sayings

Discover top inspirational quotes from Richard Thaler on Wise Famous Quotes.

Richard Thaler quotes: 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.

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 quotes: Why tie to gold? Why not 1982 Bordeaux?

Why tie to gold? Why not 1982 Bordeaux?

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

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

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

Richard Thaler quotes: 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.

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 quotes: If you want to encourage someone to do something, make it easy.

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

Richard Thaler quotes: 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.

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

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 quotes: A good rule of thumb is to assume that everything matters.

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

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

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

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

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

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

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

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

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

Richard Thaler quotes: 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.

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 quotes: My mantra is if you want to help people accomplish some goal, make it easy.

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

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

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

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

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

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

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

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

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

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

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