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Richard Thaler Quotes: It would be much more consumer friendly for them to beep you when you swipe your card that says, uh-oh you're over your limit, are you sure you want to use that?
         

It would be much more consumer friendly for them to beep you when you swipe your card that says, uh-oh you're over your limit, are you sure you want to use that?


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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this heart yearns...for the salt of unsmelt airunswept thunderstorms...unknown adventures.

this heart yearns...for the salt of unsmelt airunswept thunderstorms...unknown adventures.



It's not about being single or in a relationship, it's about feeling good about yourself. Start loving yourself... <3

It's not about being single or in a relationship, it's about feeling good about yourself. Start loving yourself... <3



After all is said and done more is said than done.

After all is said and done more is said than done.



My kids - even though it's a family business - they don't even know what day or time 'Survivor' is even on. They just know it's on TiVo.

My kids - even though it's a family business - they don't even know what day or time 'Survivor' is even on. They just know it's on TiVo.



It's a very nice thing to have a baby.

It's a very nice thing to have a baby.



I've never met a genius. A genius to me is someone who does well at something he hates. Anybody can do well at something he loves - it's just a question of finding the subject.

I've never met a genius. A genius to me is someone who does well at something he hates. Anybody can do well at something he loves - it's just a question of finding the subject.



Doctor Who: You want weapons? We're in a library. Books are the best weapon in the world. This room's the greatest arsenal we could have. Arm yourself! (from Tooth and Claw in Season 2)

Doctor Who: You want weapons? We're in a library. Books are the best weapon in the world. This room's the greatest arsenal we could have. Arm yourself! (from Tooth and Claw in Season 2)



Contrary to most people’s beliefs, music is in me, forever. I can recall it at any moment with utter precision.

Contrary to most people’s beliefs, music is in me, forever. I can recall it at any moment with utter precision.



I'm beginning to see Brooks [Robinson] in my sleep. If I dropped a paper plate, he'd pick it up on one hop and throw me out at first.

I'm beginning to see Brooks [Robinson] in my sleep. If I dropped a paper plate, he'd pick it up on one hop and throw me out at first.




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This page presents the quote "It would be much more consumer friendly for them to beep you when you swipe your card that says, uh-oh you're over your limit, are you sure you want to use that?". Author of this quote is Richard Thaler. This quote is about would be, use, over you, want, friendly,.