A Quote by Richard Thaler

I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy. — © Richard Thaler
I'm all for empowerment and education, but the empirical evidence is that it doesn't work. That's why I say make it easy.
Across a wide body of academic and empirical evidence, there is no evidence of a significant impact of capital gains rates on the level of long-term investment in the economy.
That's why you went to school, because you realize that, being a professional athlete, there's a good chance you're not going to make it. You need an education, that's why for me, it was such an important decision to go to college and further my education to provide me a safety net in case this didn't work out.
It seems strange to make a priori arguments about the relative performance of governments and the markets in health care when there is so much empirical evidence.
I say that why don't we bring all points of view. Sit around a table and discuss this evidence, and produce evidence as it may be, and let's see what the outcome is, which is why we are having this International panel which we are all talking about.
Confidence and empowerment are cousins in my opinion. Empowerment comes from within and typically it's stemmed and fostered by self-assurance. To feel empowered is to feel free and that's when people do their best work. You can't fake confidence or empowerment.
I am not an atheist. An atheist is someone who has compelling evidence that there is no Judeo-Christian-Islamic God. I am not that wise, but neither do I consider there to be anything approaching adequate evidence for such a god. Why are you in such a hurry to make up your mind? Why not simply wait until there is compelling evidence?
We [ with Edward Herman] believe that the empirical evidence we review there - and elsewhere, in a great deal of joint and separate work - lends substantial support to the conclusions; whether that is true is for others to judge.
History is replete with examples of what happens when any group of authorities do not have to answer to empirical evidence but are free to define truth as they see fit. None of the examples has a happy ending. Why should it be otherwise with therapy?
When we make decisions based on factors other than the available empirical evidence, we are less than objective, which means we are no longer acting as scientists.
Becoming an artist is not empirical; it's not about hard work. You have to put the work in, but that doesn't mean you're going to make it.
It's wrong to try and convert tribal societies. What should the empirical evidence for religion be? It should produce peaceful, strong, secure people who are right with God and right with the world. I don't see that evidence very often.
There is no empirical evidence to suggest that ageing in humans has been modified by any means, nor is there evidence that it is even possible to measure biological age. And nothing has been demonstrated to be true when it comes to anti-ageing medicines.
Evolutionary theory has nothing to say, in general, as to whether cheating is more advantageous than cooperating. There are many circumstances in which the contrary would be true, and empirical evidence, though it exists, has little bearing on real situations.
When I was younger, I'd get very empirical with myself. "I have a hypothesis about myself. I'll put myself in a situation, see what happens, then I'll draw a conclusion based on the empirical evidence. Hypothesis: I can play basketball." So I'd try. "Conclusion: I cannot play basketball."
Education is not a tool for development - individual, community and the nation. It is the foundation for our future. It is empowerment to make choices and emboldens the youth to chase their dreams.
No one has the right to destroy another person's belief by demanding empirical evidence.
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