We learn from experience, but we learn more slowly and in mo... - Thaler, Richard

This quote is attributed to Thaler, Richard.

"We learn from experience, but we learn more slowly and in more limited ways than we might hope."

Thaler, Richard Education

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."

"Education opens doors."

"Education opens doors to endless possibilities."

"I ain't got the education you got, bub."

"You can't put a price on history."