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I wish that the circuses that were around now felt like they did then. They're not quite as elegant or as magical as they used to be. There was something about the old tent shows, the Big Top, the canvas, the lights, the sawdust, the hay and the animals that's just missing now. Now, it's all urbanized and maybe a little garish.

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Richard Thaler

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

Business, Overconfident, People, Risk, Thinking
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When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

Data, Evidence, Mean, Mixed, Opposites, Theory

My mantra is if you want to help people accomplish some goal, make it easy.

Goal, Make, People, Want

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

Alters, Attention, Behavior, Environment, Nudge, Small

The lesson from behavioral economics is that people only save if it's automatic.

Automatic, Behavioral, Economics, Lessons, People

There's no reason to think that markets always drive people to what's good for them.

Markets, People, Reason, Think, Thinking
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