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Richard Thaler Quotes


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Quotes by Richard Thaler

Showing 91-99 of 99 Quotes by Richard Thaler

It's hard to have any idea of how much money is enough to finance an appropriate lifestyle in retirement. But if a lump sum is translated into a monthly income, it's much easier to determine whether you have enough put away to afford to stop working.

~Richard Thaler

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If we think that high marginal tax rates are bad because they distort incentives, the same is then true for tax subsidies.

~Richard Thaler

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I don't think it says anywhere in the Bible that tithing should be calculated on a before-tax basis.

~Richard Thaler

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When it comes to assessing the chances of some complicated combination of events, gut feelings are pretty much useless.

~Richard Thaler

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Pundits are no better at forecasting election outcomes than they would be at predicting the final path of a hurricane. Smart pundits should consider either abandoning this activity or consulting with the geeks before rendering their guesses.

~Richard Thaler

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It makes sense for social scientists to become more involved in policy because many of society's most challenging problems are, in essence, behavioral.

~Richard Thaler

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One reason for high health care costs is that patients fail to follow their treatment regimen.

~Richard Thaler

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Parents want their children to excel, callers to a victims' hot line want help, and sick people want to get well. Offering aids is like providing an alarm clock: it may help people get to an appointment on time, but no one is forcing them to use it.

~Richard Thaler

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One of society's thorniest problems is that children from poor families start school lagging badly behind their more affluent classmates in readiness.

~Richard Thaler

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Biography

Nationality: American

Type: Economist

Born: September 12th, 1945

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