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Richard Thaler Quotes: I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.
         

I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.


Richard Thaler
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Other quotes of Richard Thaler


When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.



My mantra is if you want to help people accomplish some goal, make it easy.

My mantra is if you want to help people accomplish some goal, make it easy.



There's no reason to think that markets always drive people to what's good for them.

There's no reason to think that markets always drive people to what's good for them.



People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.



Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.



The lesson from behavioral economics is that people only save if it's automatic.

The lesson from behavioral economics is that people only save if it's automatic.



So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.



Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.



A good rule of thumb is to assume that everything matters.

A good rule of thumb is to assume that everything matters.



There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.





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You should want to act only because you want to be led to something bigger in life.

You should want to act only because you want to be led to something bigger in life.



What we take for granted might not be here for our children.

What we take for granted might not be here for our children.



So we want to make sure that happens is that we build a relationship with the police department and the community that results in better policing and better cooperation with the community.

So we want to make sure that happens is that we build a relationship with the police department and the community that results in better policing and better cooperation with the community.



Of course there's no such thing as a totally objective person, except Almighty God, if she exists.

Of course there's no such thing as a totally objective person, except Almighty God, if she exists.



Hope is a strange invention - A Patent of the Heart - In unremitting action Yet never wearing out

Hope is a strange invention - A Patent of the Heart - In unremitting action Yet never wearing out



It is only the cynicism that is born of success that is penetrating and valid.

It is only the cynicism that is born of success that is penetrating and valid.



We are all jars of clay, fragile and poor, yet we carry within us an immense treasure.

We are all jars of clay, fragile and poor, yet we carry within us an immense treasure.



Learning from the best, you will eventually become the best if you have the talent already, if you have that potential.

Learning from the best, you will eventually become the best if you have the talent already, if you have that potential.



It's quite a thrill to see it coming to life on stage.

It's quite a thrill to see it coming to life on stage.



Every generation has to ask difficult questions about what does it mean to follow Jesus.

Every generation has to ask difficult questions about what does it mean to follow Jesus.




Quote Description


This page presents the quote "I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.". Author of this quote is Richard Thaler. This quote is about easy, education, empirical evidence, empowerment, work,.