Economists Quote by Richard Thaler Download Open image “The sad truth is that many behavioral economists know very little about psychology.” — Richard Thaler ★ ★ ★ ★ ★ 2.3 out of 5 (8 ratings) Copy quoteShare Economists Many Psychology Sad Sad truth Truth Truth is
Most academic economists know nothing of economy. In fact, they know little of anything. — Edward Abbey Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image
The trouble with psychology is that it doesn't take human nature into account. — Ruth Rendell Copy Share Image
People behave agentically, but they produce theories that afford people very little agency. — Albert Bandura Copy Share Image
When facts are few, speculations are most likely to represent individual psychology. — Carl Jung Copy Share Image
It is true that from a behavioral economics perspective we are fallible, easily confused, not that smart, and often irrational. We are more like… — Dan Ariely Copy Share Image
Behavioral economics can explain some things, but it's hard to explain a lot of the underlying processes that generate these decisions, much less some… — Edward Boyden 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
How could economics not be behavioral? If it isn't behavioral, what the hell is it? — Charlie Munger Copy Share Image
How should the best parts of psychology and economics interrelate in an enlightened economist's mind?... I think that these behavioral economics...or economists are probably… — Charlie Munger Copy Share Image
Economists have put themselves in a position where what they are doing is supposed to be impossible to understand for outsiders, so they dont… — Thomas Piketty 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
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use… — Barry Ritholtz Copy Share Image
Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one. — Emily Oster Copy Share Image
I have always been considered to be the most German among Italian economists, which I always received as a compliment, but was rarely meant… — Mario Monti Copy Share Image
Indeed, willingness to challenge professional economists and other experts is a foundation stone of democracy. If all we have to do is to listen… — Ha-Joon Chang Copy Share Image
The America that I think most Americans would want, most economists on the right or left would want, is one in which a smart,… — Adam Davidson 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
What free-market economists are not telling us is that the politics they want to get rid of are none other than those of democracy… — Ha-Joon Chang Copy Share Image
Like a bottle of wine or a promising college quarterback turning pro, C.E.O.'s are similar to what economists call experience goods: you commit to… — Adam Davidson Copy Share Image
Academic economists have consistently discredited themselves by wrongly warning against the policies of President Trump. — Scott Bessent Copy Share Image
A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more… — Henry Paulson Copy Share Image
“Most economists are accustomed to treating companies as idyllic places where everyone is devoted to a common goal: making as much money as possible.… — Charles Duhigg Copy Share Image
