Richard Thaler Interview: the less attention you pay, the more money you’ll have 

Don't let appearances fool you, T.R.C.

his thoughts are disturbing enough and attract mostly dunning kruger types@@devonseamoor

She's got the sniffles

Presumably because she's still hung up on the "how are we going to pay for it" argument? Despite all evidence to the contrary that this isn't an issue...

+nicosmind3 thanks for the review. now I don't to waste my time. :)

ShaneMario It was shockingly bad and comepletly mis-sold. It gave no insight into investing/mistakes for investors to avoid. It could however help an advertiser or shop owner trying to sell a product. Maybe. As it was about different ways to package deals and how people responded to them. But it was all done in open classrooms with American students. It had nothing to do with real life, and you can see how choices could be deemed as rational and not irrational. But the author wouldnt have had anything to put in his book if he didnt spin it the right way.

Nobel Prize ;)

Well, most people are not future orientated, they postpone things.... take all those New years resolutions to quit smoking as example...the same goes for pension savings....a lot of people think they need the money right now more, so they dont save even though they could, they are tempted to buy other stuff, because they might have the feeling that they are missing out on something otherwise...but well, thats a problem, because then they have absolutely no perspective in the future....so the things Thaler is saying in the interview actually really make sense and automatic enrollment works pretty well in the UK, so I really dont know where you are getting with your comment here

@@pfoe8283 The core issue with our present financial system, is the perpetual creation of debt and consumerism. Once we identify with the content of our bank account, we lose touch with reality and enter slavery. Our choice.

thats why youre poor