Richard H Thaler Profile
Richard H Thaler

@R_Thaler

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Following
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Professor of Behavioral Science and Economics, @CDR_Booth, @ChicagoBooth Co-author of Nudge:The Final edition, author of Misbehaving. Slayer of #sludge

Chicago
Joined August 2011
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@R_Thaler
Richard H Thaler
2 days
Remember when the GOP at least pretended to be a believer in basic economics?.
@ProfJAParker
Jonathan A. Parker
2 days
@TheEconomist describes the BBB perfectly: Fiscal Incontinence.
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@R_Thaler
Richard H Thaler
2 days
RT @42Courses: Misbehaving by Nobel Prize winner Richard H. Thaler explains why humans flawed, biased, and unpredictable clash with standar….
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@R_Thaler
Richard H Thaler
4 days
More sludge!.
@mattyglesias
Matthew Yglesias
4 days
Seems bad
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@R_Thaler
Richard H Thaler
4 days
Great piece! A good follow up would be on the role of sludge in MAGA. Make it as hard as possible for the poor to qualify for benefits. You have to prove you are eligible twice a year! But tax giveaways like carried interest just slide by.
@CassSunstein
Cass Sunstein
5 days
Terrific essay on sludge! @R_Thaler @TheAtlantic .
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@R_Thaler
Richard H Thaler
5 days
RT @CassSunstein: Sludge.
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@R_Thaler
Richard H Thaler
11 days
Iran tries some version of multi-dimensional tit-for-tat. Optimal response? @CFCamerer @alexolegimas @JustinWolfers.
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@R_Thaler
Richard H Thaler
16 days
Nice piece in the @WSJ Since 2020 the CBO has systematically underestimated future deficits. @RichardRubinDC on why: "Stuff happens and Congress congresses".
@RichardRubinDC
Richard Rubin
16 days
Budget deficits of the 21st century, in visuals.
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@R_Thaler
Richard H Thaler
1 month
Jen Pahlka making sense.
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@R_Thaler
Richard H Thaler
1 month
RT @ojblanchard1: RIP Stan. Stan was my mentor and my friend. He was an outstanding economist, an outstanding policy maker, but even more i….
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@R_Thaler
Richard H Thaler
1 month
RT @DKThomp: New SF public school plan would . - eliminate homework and weekly tests from counting toward semester grade.- allow students t….
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@R_Thaler
Richard H Thaler
1 month
RT @dilipsoman: How's this for framing effects @R_Thaler @katy_milkman @CassSunstein @dggoldst
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@R_Thaler
Richard H Thaler
1 month
Using #sludge as a disguise for cutting benefits. So dishonest. @CassSunstein.
@Taniel
Taniel
1 month
An article on how the GOP mega-bill will kick people off Medicaid by drowning them in administrative paperwork:.
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@R_Thaler
Richard H Thaler
1 month
Hey, I am told that the e-book (Kindle) version of Nudge is now on sale for $1.99. Such a deal! @CassSunstein I think you already have it.
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@R_Thaler
Richard H Thaler
1 month
RT @omzidar: For Once, Economists Agree: Extending Section 199A Is A Bad Idea | Tax Policy Center
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@R_Thaler
Richard H Thaler
2 months
I have also wondered this but high pay is only half the answer. Why are billboards the chosen *medium* for personal injury lawyers? As opposed to say TV?.
@patrickc
Patrick Collison
2 months
Why are personal injury attorneys the marginal bidder for roadside billboards in so many parts of the US? Is the sector really so large? A priori, I would never have predicted this. Quick investigation: "Costs and compensation paid in the U.S. tort system reached over $529
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@R_Thaler
Richard H Thaler
2 months
Poor choice of title! Consistent with the main idea, when I saw the title I thought, oh this is a retraction. No need to read!.
@JlibDoesEcon
Jonathan Libgober (same handle on other places)
2 months
I guess my last tweet jumped ahead of this a little bit. .
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@R_Thaler
Richard H Thaler
2 months
Alert teachers. You can trust Angela. Help?.
@angeladuckw
Angela Duckworth
2 months
📱 Teachers—what should schools do about cell phones?. We don’t have enough teacher input. But with your help, that can change. I launched Phones in Focus, the first national study of school phone policies—led by educators like you. 🕐 5-min survey.📊 See how your school
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@R_Thaler
Richard H Thaler
2 months
RT @LemonLymancom: 24 years ago today, 'Two Cathedrals' aired and the season finale ended with 'Brothers in Arms' by Dire Straits. https://….
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@R_Thaler
Richard H Thaler
2 months
"This" is the post I was referring to. It is a thread. @dilipsoman.
@J_Meanwell
James Graham
2 months
We need a theory of consumption choices that goes beyond liquidity constraints. One that induces very lumpy spending responses. So we draw on "mental accounts" behavior, a la @R_Thaler. 3/7
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@R_Thaler
Richard H Thaler
2 months
Hurray for this. Hersh Shefrin and I have been saying this for over 40 years but I was pretty sure there was some ban on the term mental accounting in macro. @alexolegimas discuss this at length in our new version of the Winner's Curse coming this fall.
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