Transparency and disclosure alone don't work. People have to... - Richard Thaler

"Transparency and disclosure alone don't work. People have to be able to understand and act on the information."

Richard Thaler Education

Economist Psychologist American Born 1945 (age 81)

More from Richard Thaler

"Mental accounting is how people organize, evaluate, and process financial activities."

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

"The most important thing to realize is that we are all irrational some of the time."

"Behavioral economics is the study of human choice."

"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."