We don't always do what we're supposed to do. We don't save enough for retirement. We order dessert — even when we're supposed to be dieting. In other words, we misbehave. That's the title of Richard Thaler's most recent book: Misbehaving: The Making of Behavioral Economics. If you've read Thaler's previous book, Nudge, you know he's an economist who studies ... Show More
Nov 10
Why Following Your Dreams Isn't Enough
<p>Entrepreneurs typically have no shortage of passion, heart, and vision. But at Stanford University, <a href="https://www.gsb.stanford.edu/faculty-research/faculty/hayagreeva-rao" target="_blank">Huggy Rao</a> says there are other elements that may matter more when it comes to ... Show More
1h 30m
Oct 2021
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 Richar ... Show More
22m 57s