- Come
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- Nov 07, 2020
Top 10 Richard Thaler Quotes
Most Famous Top 10 Richard Thaler Quotes of All Time!
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- Last Updated on May 30, 2021
- Economy
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- Nov 07, 2020
We behavioralists differ from our more traditional brethren in the way we characterize agents in the economy.
- Free
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- Nov 07, 2020
Traditional economics is based on imaginary creatures sometimes referred to as 'Homo economicus.' I call them Econs for short. Econs are amazingly smart and are free of emotion, distraction or self-control problems. Think Mr. Spock from 'Star Trek.'
- Food
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- Nov 07, 2020
Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock.
- Copy
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- Nov 07, 2020
Whenever I'm asked to autograph a copy of 'Nudge,' the book I wrote with Cass Sunstein, the Harvard law professor, I sign it, 'Nudge for good.' Unfortunately, that is meant as a plea, not an expectation.
- Newspaper
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- Nov 07, 2020
As both a consumer and producer of newspaper articles, I have no beef with pay walls. But before signing up, I read the fine print.
- Democracy
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- Nov 07, 2020
In a democracy, if a government creates bad policies, it can be voted out of office. Competition in the private sector, however, can easily work to encourage phishing rather than stifle it.
- Like
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- Nov 07, 2020