A Quote by Richard Thaler

One simple step firms can take is make sure that people that are getting paid a lot of money, say more than a million or two, that a big chunk of that money is deferred. That's going to change the whole ballgame.

Richard Thaler

Quote Topics

Ballgame Big Change Chunk Deferred Getting Going Lot Make Million Money More Paid People Say Simple Step Sure Take Than Two Whole

Quote Author

Richard Thaler
American - Economist
Born: September 12, 1945

The money has to be deferred with what they call "clawback," which means they can get it back if I lose it all. So that guy making ten million a year selling credit default swaps, if we're going to keep five million of it in escrow for ten years, and with the right to go back and get it, if he starts losing money, then we're going to give people the right incentives not too take so much risk.

Richard Thaler

You have to realize WWE's contract. They're not getting paid from advertising money. USA makes that money. WWE gets paid by USA, they get paid a lot of money, and the money increases every year. Ratings aren't the most important thing to them.

Matt Sydal

If you wanna make money in music, you're better off being on the business end of it a lot of the time. And also as a musician, if you do make money, it means you had to bite and scratch and kick the whole way to not get ripped off, because at every corner, there's somebody there waiting to trip you up and take a bigger chunk.

Chris Cornell

People go to work at Wall Street firms to make a lot of money. They may not love what they are doing, but the punishing hours and travel are incredibly well-compensated. By contrast, the engineers at technology firms do believe that they can change how we all live.

Richard Edelman

It seems to be that more and more people are asking you to work for nothing on films, and that's unfortunate because you have to make a living. On the other hand, I don't do a better job because I get paid a lot of money. I'm never like, 'I'm not going to work as hard because I'm not getting paid as much.'

Matt Dillon

A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others.

Larry Ellison

My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.

Jack Ma

To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?

Henry Miller

This is going to sound horrible, but I don't even know how much I make in a year. It must be, you know, a couple of million dollars, a few million. I know it's more money than my dad, a jail guard, made in his lifetime; more money than I'll ever need.

Penn Jillette

Athletes and musicians make astronomical amounts of money. People get paid $100 million to throw a baseball! Shouldn't we all take less and pass some of that money onto others? Think about firefighters, teachers and policemen. We should celebrate people that are intellectually smart and trying to make this world a better place.

Kid Rock

There's an obligation to let people know where their money is going, so the tour has an educational aspect, mostly as a way to thank people. But the most practical use is to raise money and do the research to figure out the proper ways to spend it. You want to make sure that the money doesn't just go somewhere where it does more harm than good.

Win Butler

Biggest problem? Well, I'd say it's been my biggest problem all my life. MONEY. It takes a lot of money to make these dreams come true. From the very start it was a problem. Getting the money to open Disneyland. About seventeen million it took. And we had everything mortgaged including my personal insurance.

Walt Disney

I'll bet there are a lot of artists that nobody hears about who just make more money than anybody. The people that do all the sculptures and paintings for big building construction. We never hear about them, but they make more money than anybody.

Andy Warhol

Then there was communism's weak-tea sister, socialism. Socialists maintained that we shouldn't take all the money away from all the people since all the people don't have money. We should take all the money away from only the people who make money. Then, when we run out of that, we could take more money from the people who...hey, wait! Where'd you people go? What do you mean you're "tax exiles in Monaco?"

P. J. O'Rourke

Nobody's going to step in and dump a lot of money and make it easy. Unless you have a lot of money, you have to pay your dues and make a personal sacrifice.