--- title: "6 Cards Quotes By Richard Thaler" description: "6 Cards quotes by Richard Thaler. Plus more from Richard Thaler and more Cards sayings from other authors." image: "https://sms4smile.com/quotes/i/818/richard-thaler-3060_cards_he-card-companies-will-often-as-a-courte_335608.png" --- > [he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping…](https://sms4smile.com/quotes/richard-thaler/he-card-companies-will-often-as-a-courtesy-honor-that-credit-card-but/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/818/richard-thaler-3060_cards_he-card-companies-will-often-as-a-courte_335608.png) > [If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as…](https://sms4smile.com/quotes/richard-thaler/if-rather-than-setting-the-minimum-balance-as-the-lowest-possible/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/600/richard-thaler-3060_amount_if-rather-than-setting-the-minimum-balan_928291.png) > [Is there a market for somebody selling a credit card that helps people pay down their balances? I think the question is…](https://sms4smile.com/quotes/richard-thaler/is-there-a-market-for-somebody-selling-a-credit-card-that-helps/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/69b/richard-thaler-3060_balance_is-there-a-market-for-somebody-selling-a_1815365.png) > [Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're…](https://sms4smile.com/quotes/richard-thaler/maybe-you-ll-take-the-cash-out-so-a-credit-card-company-or-a-bank/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/aa0/richard-thaler-3060_able_maybe-you-ll-take-the-cash-out-so-a-cred_2114844.jpg) > [Credit cards have been extremely profitable to banks. They're profitable not from the fees they collect from the retailers that use the…](https://sms4smile.com/quotes/richard-thaler/credit-cards-have-been-extremely-profitable-to-banks-they-re/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/248/richard-thaler-3060_bills_credit-cards-have-been-extremely-profita_2140416.png) > [It would be much more consumer friendly for them to beep you when you swipe your card that says, uh-oh you're over…](https://sms4smile.com/quotes/richard-thaler/it-would-be-much-more-consumer-friendly-for-them-to-beep-you-when-you/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) [Image](https://sms4smile.com/quotes/i/24a/richard-thaler-3060_cards_it-would-be-much-more-consumer-friendly_2415223.png) ## Other authors on Cards ## More by Richard Thaler > [The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine.](https://sms4smile.com/quotes/richard-thaler/the-nobel-prize-is-going-to-be-fun-money-for-an-occasion-when-my-wife/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [In some ways, the finding that financial education doesn't provide long-term payoffs is hardly surprising. After all, how much do you remember from your…](https://sms4smile.com/quotes/richard-thaler/in-some-ways-the-finding-that-financial-education-doesn-t-provide/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place.](https://sms4smile.com/quotes/richard-thaler/fortunately-economists-open-to-new-ways-of-thinking-are-finding-novel/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [If people just put away what's left at the end of the month, that's a recipe for failure.](https://sms4smile.com/quotes/richard-thaler/if-people-just-put-away-what-s-left-at-the-end-of-the-month-that-s-a/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital…](https://sms4smile.com/quotes/richard-thaler/the-wealth-in-many-large-estates-has-never-been-taxed-because-it-is/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed…](https://sms4smile.com/quotes/richard-thaler/the-lesson-of-my-field-behavioral-economics-is-that-we-need-to/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else.](https://sms4smile.com/quotes/richard-thaler/i-think-behavioral-economists-don-t-have-any-more-of-an-explanation/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.](https://sms4smile.com/quotes/richard-thaler/there-are-cases-when-i-can-make-myself-better-off-by-restricting-my/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [For amateur golfers, I think one of the biggest mistakes is to model their play on professionals.](https://sms4smile.com/quotes/richard-thaler/for-amateur-golfers-i-think-one-of-the-biggest-mistakes-is-to-model/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping your card…](https://sms4smile.com/quotes/richard-thaler/he-card-companies-will-often-as-a-courtesy-honor-that-credit-card-but/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [We all need a lot of humility, and especially about the economy.](https://sms4smile.com/quotes/richard-thaler/we-all-need-a-lot-of-humility-and-especially-about-the-economy/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes while you…](https://sms4smile.com/quotes/richard-thaler/social-security-may-be-the-most-beloved-of-all-the-government-s/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [If you're trading individual securities, you're almost certainly making a mistake. Because most professional managers can't outperform their benchmarks, and there's little reason to…](https://sms4smile.com/quotes/richard-thaler/if-you-re-trading-individual-securities-you-re-almost-certainly/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [A nudge is some feature of the environment that changes the behaviour of humans but would not change the behaviour of rational economic agents,…](https://sms4smile.com/quotes/richard-thaler/a-nudge-is-some-feature-of-the-environment-that-changes-the-behaviour/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [One reason for high health care costs is that patients fail to follow their treatment regimen.](https://sms4smile.com/quotes/richard-thaler/one-reason-for-high-health-care-costs-is-that-patients-fail-to-follow/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/cards/richard-thaler/#itemlist", "name": "6 Cards Quotes By Richard Thaler", "numberOfItems": 6, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. 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