Richard Thaler : (6)

" Many problems are so complex that even if we had the money to fix them, we wouldn’t know how to do it. Fixing inner-city schools, reducing obesity, creating peace in the Middle East are just a few examples. " - Richard Thaler

" I have an agent, John Brockman, who is an agent to many academic authors like Dan Gilbert and Steven Pinker, and he’s very good at conning academics into writing books. He pulled this trick on me. " - Richard Thaler

" When employees are first eligible for a retirement savings plan, they should be enrolled unless they choose to opt out. " - Richard Thaler

" The main thing that you learn in grad school, or should learn, is how to think like an economist. The rest is just math. " - Richard Thaler

" Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock. " - Richard Thaler

" My thesis topic was ‘The value of a human life.’ I asked people a question: ‘Suppose you had some risk, a one in a thousand risk of dying – how much would you pay to eliminate it?’ " - Richard Thaler