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Richard Thaler Quotes


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Quotes by Richard Thaler

Showing 61-70 of 99 Quotes by Richard Thaler

We humans actually need help controlling our impulses - nudges.

~Richard Thaler

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If you're not putting enough away for emergencies or retirement, making commitments in advance, such as signing up for payroll withholding, can help.

~Richard Thaler

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Behavioral economics offers a plausible explanation for overreactions by the market. For example, a long period of bad performance can lead to stereotyping.

~Richard Thaler

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It is true that I am one of the co-authors of 'Nudge,' and I am a behavioral economist, but it does not mean that everything we write about in that book is behavioral economics, nor does it mean that my co-author, the distinguished legal scholar Cass Sunstein, is a behavioral economist.

~Richard Thaler

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You go out on the practice range, and something kind of clicks, and you start hitting the ball very crisply. And you're sure that you've found it, the holy grail - that all you have to do is hold your hand in a certain way. Then you go out on the golf course, and it's completely disappeared.

~Richard Thaler

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For amateur golfers, I think one of the biggest mistakes is to model their play on professionals.

~Richard Thaler

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I have an agent, John Brockman, who is an agent to many academic authors like Dan Gilbert and Steven Pinker, and he's very good at conning academics into writing books. He pulled this trick on me.

~Richard Thaler

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The lesson for businesses is you are dealing with real people. Those are your customers, those are your employees, those are your bosses, and the better you understand how real people tick, the more successfully you will be able to accomplish your goals.

~Richard Thaler

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People make just as many mistakes when the stakes go up, maybe more.

~Richard Thaler

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Even if we grade on a very generous curve, many Americans flunk when it comes to financial literacy.

~Richard Thaler

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Biography

Nationality: American

Type: Economist

Born: September 12th, 1945

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