Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes… — Richard Thaler Copy Share Image
How can government reduce the frequency and the severity of future catastrophes? Companies that have the potential to create significant harm must… — Richard Thaler Copy Share Image
If governments want to encourage good citizenship, they should try making the desired behavior more fun. — Richard Thaler Copy Share Image
When should we nudge and when should we shove, I think, it's a political judgment. Obviously in some situations we need shoves,… — Richard Thaler Copy Share Image
If the government can manage to collect and release personal information in a secure and useful way, so can private companies, which… — Richard Thaler Copy Share Image
As a general rule, the United States government is run by lawyers who occasionally take advice from economists. Others interested in helping… — Richard Thaler Copy Share Image
The government employs scientists of many varieties in technical capacities, from estimating the environmental toxicity of a chemical to the structural soundness… — Richard Thaler Copy Share Image
In a democracy, if a government creates bad policies, it can be voted out of office. Competition in the private sector, however,… — 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
