168 Quotes by Richard Thaler

For amateur golfers, I think one of the biggest mistakes is to model their play on professionals.

One of society's thorniest problems is that children from poor families start school lagging badly behind their more affluent classmates in readiness.

People are less likely to think it's immoral to walk away from their home if they know others who have done so. And if enough people do it, the stigma begins to erode.

If you're not putting enough away for emergencies or retirement, making commitments in advance, such as signing up for payroll withholding, can help.

Most of us think that we are 'better than average' in most things. We are also 'miscalibrated,' meaning that our sense of the probability of events doesn't line up with reality. When we say we are sure about a certain fact, for example, we may well be right only half the time.

Demanding that the rich get a tax cut as a condition for tax relief for others is simply elitist.

If we think that high marginal tax rates are bad because they distort incentives, the same is then true for tax subsidies.

We behavioralists differ from our more traditional brethren in the way we characterize agents in the economy.

As both a consumer and producer of newspaper articles, I have no beef with pay walls. But before signing up, I read the fine print.