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" As both a consumer and producer of newspaper articles, I have no beef with pay walls. But before signing up, I read the fine print. "
" When it comes to assessing the chances of some complicated combination of events, gut feelings are pretty much useless. "
" I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else. "
" Lotteries are just one way to provide positive reinforcement. Their power comes from the fact that the chance of winning the prize is overvalued. "
" The voting public is not very good at attributing credit and blame to presidents. They get too much credit when things go well and too much blame when things go badly. The same applies to coaches, C.E.O.'s, parents, and anyone else in charge. "
" If we think that high marginal tax rates are bad because they distort incentives, the same is then true for tax subsidies. "
" One of society's thorniest problems is that children from poor families start school lagging badly behind their more affluent classmates in readiness. "
" For many people, being asked to solve their own retirement savings problems is like being asked to build their own cars. "
" I am all for trying to teach household finance in schools, starting as early as possible. And when it comes to high school, I think learning about compound interest is at least as important as trigonometry or memorizing the names of all 50 state capitals. "
" Signing up to be an organ donor should be at least as easy as downloading a song to your iPhone. "
" Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes while you work, then you and your spouse collect until you die. "
" It makes sense for social scientists to become more involved in policy because many of society's most challenging problems are, in essence, behavioral. "
" The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital gains. "
" We humans actually need help controlling our impulses - nudges. "
" The ability of businesses to monitor our behavior is already a fact of life, and it isn't going away. Of course we must protect our privacy rights. But if we're smart, we'll also use the data that is being collected to improve our own lives. "
" The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed in standard economic theory. "
" If the government can manage to collect and release personal information in a secure and useful way, so can private companies, which will empower consumers to become better shoppers. "
" When employees are first eligible for a retirement savings plan, they should be enrolled unless they choose to opt out. "
" Anybody who's ever been in a large organization realizes that 'optimizing' is not a word that would often be used to describe any large organization. The reason is that it's full of people, who are complicated. "
" Shopping for an annuity with hundreds of thousands of dollars at stake can be daunting, even for an economist. "
" If governments want to encourage good citizenship, they should try making the desired behavior more fun. "
" We should at least make sure that patients are given the opportunity to opt out of spending their final days in a hospital, hooked up to tubes and running up enormous bills. "
" Demanding that the rich get a tax cut as a condition for tax relief for others is simply elitist. "
" Here is a guiding principle: If a business collects data on consumers electronically, it should provide them with a version of that data that is easy to download and export to another Web site. "
" Coining a term is not the same as creating a field! "
" High school seniors should receive help in how to think about a student loan and how to make sure that the education bought with the loan offers good prospects for repayment. "
" The government employs scientists of many varieties in technical capacities, from estimating the environmental toxicity of a chemical to the structural soundness of a bridge. But when it comes to forming policies, these scientists and, especially, behavioral scientists are rarely at the table with the lawyers and the economists. "
" Behavioral economics offers a plausible explanation for overreactions by the market. For example, a long period of bad performance can lead to stereotyping. "
" I try to teach people to make fewer mistakes. But in designing economic policies, we need to take full account of the fact that people are busy, they're absent minded, they're lazy, and that we should try to make things as easy for them as possible. "
" We behavioralists differ from our more traditional brethren in the way we characterize agents in the economy. "
" Real people have trouble balancing their checkbooks, much less calculating how much they need to save for retirement; they sometimes binge on food, drink, or high-definition televisions. They are more like Homer Simpson than Mr. Spock. "