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Richard Thaler

29 Podcast Episodes

Latest 25 Jan 2022 | Updated Daily

Weekly hand curated podcast episodes for learning

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A Clean Slate: With Guests John Beshears, Richard Thaler & Ray Zahab (Rebroadcast)

Choiceology with Katy Milkman

For many people, the start of a new year is an occasion to re-examine their lives, to set new goals and to give up old habits. Making New Year’s resolutions is something of a social ritual, but we see similar behaviors around other significant dates, as well--such as birthdays and anniversaries and the changing of seasons. And while it can be argued that all of these dates are arbitrary, studies show that they can still give you a head start in achieving your goals.In this episode of Choiceology with Katy Milkman, we examine the common but not always rational phenomenon whereby people divide their lives into chapters. We look at ways to leverage this phenomenon to make better choices.The episode begins on a riverbank, with a religious rite symbolizing rebirth and renewal.Next, we hear about Ray Zahab’s life changing New Year’s resolution. What began as a simple plan to live a healthier lifestyle ended up taking him on incredible adventures all around the world. Ray is the author of the book Running For My Life.From Ray’s story of personal transformation around an auspicious date, we pivot to a related tendency for people to separate their money into mental accounts. Money, like time, is fungible--one dollar is as useful as any other dollar--and yet people often divide their money into different categories. Why?Nobel laureate and best-selling author Richard Thaler explains the value of this cognitive bias and explores some of the peculiar behaviors people exhibit when they earmark their money for different purposes. And John Beshears of the Harvard Business School describes a study that exposes this bias in the way people perceive the value of grocery store coupons.Finally, Katy Milkman offers additional tips on leveraging these temporal landmarks and personal budgets to help you stick with your resolutions.Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important Disclosures:All expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.(0122-10M4)


1 Jan 2022

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58. Why Is Richard Thaler Such a ****ing Optimist?

People I (Mostly) Admire

The Nobel laureate and pioneering behavioral economist spars with Steve over what makes a nudge a nudge, and admits that even economists have plenty of blind spots.


1 Jan 2022

Similar People

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B.E. GOOD! Podcast by BVA Nudge Unit with Richard Thaler

B.E. GOOD! by BVA Nudge Unit

Nobel-prize winning economist and co-author of “Nudge”, Professor Richard Thaler is our guest in this new episode of the B.E. GOOD! Podcast by BVA Nudge Unit.He is the Charles Walgreen Distinguished Service Professor of Behavioral Science Economics at the University of Chicago Booth School of Business and studies behavioral economics and finance as well as the psychology of decision making.Eric Singler and Scott Young speak with Professor Thaler about his most recent book "Nudge: The Final Edition", his personal journey and “greatest discovery”, and the biggest change he’s seen in the field of Behavioral Economics over the past decade.

1hr 1min

16 Dec 2021

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402: How To Work Around Your Own Irrationality | Richard Thaler

Ten Percent Happier with Dan Harris

This episode explores how to make the infernally difficult challenge of habit formation a little easier, with guest Richard H. Thaler, who won the Nobel Prize in Economic Sciences in 2017 for his pioneering work in the fields of behavioral economics and finance. Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago’s Booth School of Business, where he also serves as the director of the Center for Decision Research. He is also the co-author, with Cass R. Sunstein, of Nudge: the Final Edition.In this episode, Dan and Richard discuss what a nudge is as well as its opposite – which Thaler and Sunstein call sludge. They also discuss other fascinating concepts, including: choice architecture, mental accounting, libertarian paternalism, bounded rationality, and how the lessons of behavioral economics can lead to a happier lifeThe Anti-Diet Challenge kicks off today in the Ten Percent Happier app. If you’re not already a Ten Percent Happier subscriber, you can join us by starting a free trial that’ll give you access to the challenge, along with our entire app. Click here to get started.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


6 Dec 2021

Most Popular

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Business Weekly: Nudge Theory and How to Change Behaviours with Richard Thaler

Intelligence Squared

Since the original publication of Nudge more than a decade ago, the word that served as the title of the ground-breaking book has entered the vocabulary of businesspeople, policy makers, economists, engaged citizens and consumers everywhere. It has given rise to more than 400 nudge units in governments around the world and has influenced countless groups of behavioural scientists in every part of the economy. In October 2021 Richard Thaler, one of the co-authors of the book and winner of the 2017 Nobel Prize for economics, came to Intelligence Squared to talk with journalist and author Kamal Ahmed about Nudge: The Final Edition, a cover-to-cover refresh of the original publication.Support this show http://supporter.acast.com/intelligencesquared.See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices


15 Nov 2021

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Ep. 13: Dr Richard Thaler and David Potter

Citywire: Mistakes Were Made

For the latest episode of Mistakes Were Made, we are joined by the Nobel Prize-winning economist Dr Richard Thaler and portfolio manager David Potter.   Thaler is pioneer in the field of behavioral economics and co-author of the best-selling Nudge: Improving Decisions about Health, Wealth, and Happiness.   Potter is a portfolio manager at Fuller & Thaler Asset Management, a San Francisco-based boutique that uses academic research on investor behavior to inform when to buy and sell stocks.   As well as their biggest investment errors, they discuss the drivers behind meme stocks (‘surprisingly dumb’), how to improve retirement saving rates (a nudge can help), and how to help Alex potty train his son (Cheerios are key).  


14 Oct 2021

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Richard Thaler: Is a nudge enough to change our behaviour?


From Covid to climate change, governments around the world face challenges which demand modifications of human behaviour. When it comes to getting people to do things differently, what works best: the carrot of persuasion, or the stick of coercion? Stephen Sackur speaks to Richard Thaler, the world renowned economist and behavioural scientist who believes a nudge often works better than a shove when change is needed. Does that hold good when the problems we face become urgent and existential?


7 Oct 2021

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Richard Thaler on "Nudging" the pandemic, climate change and retirement saving

The Economists 

Professor Richard Thaler has spent his career investigating how people really behave – how we save for retirement, what we choose to eat, how we use energy. Through understanding the many reasons for human misjudgement, such as being too optimistic, or facing too many choices, Richard Thaler's work has helped people make better decisions. The concept is known as "nudge" and nudge units are now commonplace in governments and businesses around the world to develop better policy.Guest: Professor Richard Thaler, Professor of Behavioural Science and Economics, University of Chicago Booth School of Business, 2017 recipient of the Nobel Memorial Prize in Economic Sciences and co-author of "Nudge".


9 Sep 2021

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Nobel Prize-Winning Economist Richard Thaler On The Role Of Behavioral Economics In Climate Change

The Climate Pod

This week, we talk to Dr. Richard Thaler about the new edition of his book, Nudge: Improving Decisions About Health, Wealth, and Happiness, and what we can learn from behavioral economics that better helps us understand solutions to the climate crisis. Dr. Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to the field of behavioral economics. He is currently the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. Buy Nudge Check out Chad the Bird's latest Climate Pod video: Thanks, Humans! For the Western Water Crisis And check out Chad the Bird's Facebook page Subscribe to our Substack newsletter "The Climate Weekly": https://theclimateweekly.substack.com/ As always, follow us @climatepod on Twitter and email us at theclimatepod@gmail.com. Our music is "Gotta Get Up" by The Passion Hifi, check out his music at thepassionhifi.com. Rate, review and subscribe to this podcast on iTunes, Spotify, Stitcher, and more! Subscribe to our new YouTube channel! Join our Facebook group. Check out our updated website!


1 Sep 2021

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#337 – Professor Richard Thaler, University of Chicago - When Somebody Would Fire Us, It Was Almost Always At Exactly The Wrong Time

The Meb Faber Show

In episode 337, we welcome our guest, Professor Richard Thaler, the co-founder of Fuller & Thaler, Professor at the University of Chicago, and author of multiple best-selling books, including his release this week, Nudge: The Final Edition. In today’s episode, we’re talking nudges! We talk about all the ways choice architecture and nudges affect financial services – including how we save for retirement, pay our taxes, and choose an insurance plan. We cover some fintech companies using his ideas to help consumers have better outcomes, and then cover some companies that are nudging consumers in the wrong direction. As we wind down, Professor Thaler shares the concept of sludge and how it applies to things like cancelling subscriptions or registering for the new child income credit payments. Please enjoy this episode with University of Chicago Professor Richard Thaler. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our products and follow us, subscribe to our mailing list or visit us at cambriainvestments.com. ----- Today’s episode is sponsored by NordVPN. NordVPN strives to make the internet better than it is today. It can be free from online threats, censorship, and surveillance. What started with a single VPN server is now one of the most trusted internet security providers in the market, serving over 14 million users worldwide. Known for strong values and well-thought-out features, NordVPN is recognized by influential tech sites and IT security specialists. Visit www.nordvpn.com/meb for a 73% off 2-year plan plus 4 months free.


4 Aug 2021