Richard Thaler Quotes About Economists

Quotes about: Economists

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

  Richard Thaler

  Mean, Opposites, Data

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

  Richard Thaler

  People, Longevity, Economist

• I think one lesson we have to learn is that there's a lot more risk than we're giving credit to, a lot more what economist calls systematic risk.

  Richard Thaler

  Thinking, Giving, Risk

  Source: bigthink.com

• Retirement savings is probably behavioral economists' greatest success story. It is a prototypical behavioral-economics problem because saving for retirement is cognitively hard - figuring out how much to save - and requires self-control.

  Richard Thaler

  Retirement, Self, Saving

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