Phrase by 'Richard Thaler'
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God did not say that you should be able to borrow one hundred percent of the price of a house.
Author: Richard Thaler - American EconomistYou , House , God , Price
In the 1940s, economics started getting highly mathematical. It was basically because economists weren't smart enough to write down models of real behavior that they started writing down models of highly rational behavior - and they kind of forgot about humans.
Author: Richard Thaler - American EconomistBehavior , Down , Smart , Economics
I don't think it says anywhere in the Bible that tithing should be calculated on a before-tax basis.
Author: Richard Thaler - American EconomistThink , Bible , Should , Says
It's essential that we understand things like the free-rider problem, but we also need to understand that, fortunately, humans are a little nicer than economists give them credit for. Some people actually leave money at roadside fruit stands; some people give money to NPR so we can listen to it.
Author: Richard Thaler - American EconomistPeople , Money , Understand , Fruit
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 high school chemistry class? Unless you use chemistry at work, you probably don't recall much about ionic bonding.
Author: Richard Thaler - American EconomistYou , Work , Education , School
I practice what has come to be called behavioral economics.
Author: Richard Thaler - American EconomistCome , Practice , Economics , Behavioral
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