We tend to stick with the status quo, even when better alter... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"We tend to stick with the status quo, even when better alternatives are available. This is the power of inertia."

Thaler, Richard Change

Behavioral Economist American Born 1945 (age 81)

More from Thaler, Richard

"People are not always rational. We make systematic mistakes."

"The most important thing to understand about Behavioral Economics is that people are not rational."

"We are all vulnerable to cognitive biases."

"Humans are not the perfectly rational agents that standard economic theory assumes."

"Change brings new opportunities."

"Every day is a new opportunity."

"Healing doesn't mean forgetting."

"You either get better or you get bitter."