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Richard Thaler Quotes: Most economists, including me, agree that longevity insurance would make sense for a lot of people.
         

Most economists, including me, agree that longevity insurance would make sense for a lot of people.


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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I know history. There are many names in historybut none of them are ours.

I know history. There are many names in historybut none of them are ours.



I didn't cry. Real things don't make me cry. Only false or sentimental things can do that. In this respect I'm like most civilised humans.

I didn't cry. Real things don't make me cry. Only false or sentimental things can do that. In this respect I'm like most civilised humans.



A guy like myself wants to make a play and be the difference, but the thing is I have to keep saying to myself to just do what I can.

A guy like myself wants to make a play and be the difference, but the thing is I have to keep saying to myself to just do what I can.



Realistic thinking is based on what others think is possible-but they are not you and have no way of knowing your potential and purposes

Realistic thinking is based on what others think is possible-but they are not you and have no way of knowing your potential and purposes



I suspected economics was irredeemable as a policy tool for citizens groups. I saw economics lead its practitioners and citizens alike into a form of brain-damaging indoctrination.

I suspected economics was irredeemable as a policy tool for citizens groups. I saw economics lead its practitioners and citizens alike into a form of brain-damaging indoctrination.



A shepherd, in whom the spirit of God works, is more highly esteemed before God than the wisest and most potent in self-wit, without the divine dominion.

A shepherd, in whom the spirit of God works, is more highly esteemed before God than the wisest and most potent in self-wit, without the divine dominion.



I can honestly say that if I was told at this moment that I was dying, not my first, not my second, but certainly my third thought would be that I should never see Italy again.

I can honestly say that if I was told at this moment that I was dying, not my first, not my second, but certainly my third thought would be that I should never see Italy again.



Faith? Haven't any. I'm not a nihilist or a relativist. I don't believe in anything but change. I'm a Heraclitean - you can't step in the same river twice.

Faith? Haven't any. I'm not a nihilist or a relativist. I don't believe in anything but change. I'm a Heraclitean - you can't step in the same river twice.



Gene Autry was the most. It may sound like a joke - Go and have a look in my bedroom, It's covered with Gene Autry posters. He was my first musical influence.

Gene Autry was the most. It may sound like a joke - Go and have a look in my bedroom, It's covered with Gene Autry posters. He was my first musical influence.



Limit risk with: Deep analysis Bargain purchase Sensitivity analysis.

Limit risk with: Deep analysis Bargain purchase Sensitivity analysis.




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This page presents the quote "Most economists, including me, agree that longevity insurance would make sense for a lot of people.". Author of this quote is Richard Thaler. This quote is about economist, people, including, longevity, make sense, agree,.