If people just put away what's left at the end of the month, that's a recipe for failure. — Richard Thaler Copy Share Image
People worry that if they buy an annuity and then die before the policy starts to pay off, their heirs will lose… — Richard Thaler Copy Share Image
If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as… — Richard Thaler Copy Share Image
My mantra is if you want to help people accomplish some goal, make it easy. — Richard Thaler Copy Share Image
The lesson from behavioral economics is that people only save if it's automatic. — Richard Thaler Copy Share Image
The money has to be deferred with what they call "clawback," which means they can get it back if I lose it… — Richard Thaler Copy Share Image
Most people start claiming benefits within a year of when they become eligible, although benefits increase substantially if they wait. — Richard Thaler Copy Share Image
In a typical 401k plan, when you first become eligible you get a big pile of forms and you're told, fill out… — Richard Thaler Copy Share Image
It turns out, that men, when they're taking care of their business, they're not fully attending to the task at hand, but,… — Richard Thaler Copy Share Image
The same with the mortgage brokers that were selling people mortgages they couldn't afford. We shouldn't pay them on each mortgage they… — Richard Thaler Copy Share Image
The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine. — Richard Thaler Copy Share Image
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… — Richard Thaler Copy Share Image
Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place. — Richard Thaler Copy Share Image
If people just put away what's left at the end of the month, that's a recipe for failure. — Richard Thaler Copy Share Image
The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital… — Richard Thaler Copy Share Image
The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed… — Richard Thaler Copy Share Image
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else. — Richard Thaler Copy Share Image
There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action. — Richard Thaler Copy Share Image
For amateur golfers, I think one of the biggest mistakes is to model their play on professionals. — Richard Thaler Copy Share Image
he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping your card… — Richard Thaler Copy Share Image
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… — Richard Thaler Copy Share Image
