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All quotes by Richard Thaler

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In the 1940s, economics started getting highly mathematical. It was basically because economists weren't smart enough to write down models of real behavior that they started writing down models of highly rational behavior - and they kind of forgot about humans.

~Richard Thaler

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Biography

Nationality: American

Type: Economist

Born: September 12th, 1945

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Quote By Richard Thaler KeenBrain. Retrieved May 22, 2026, from

/quotes/quote/r/richard_thaler_858085">

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“Quote By Richard Thaler” KeenBrain. n.d. Fri. 22 May. 2026 from

/quotes/quote/r/richard_thaler_858085">

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