A Quote by Richard Thaler
It's essential that we understand things like the free-rider problem, but we also need to understand that, fortunately, humans are a little nicer than economists give them credit for. Some people actually leave money at roadside fruit stands; some people give money to NPR so we can listen to it.
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In order to raise money from somebody, you have to understand who is this person, not to deceive them but to understand them. What would be their motives for contributing money? Why do these people contribute money to some places, but not to others? That's attunement - treating everybody well, but not treating everybody the same.
I refuse to accept the idea that money is evil. People make things evil and negative. Some people love what money can do and therefore would do anything to get it, they love the power, they chase it, while others understand what money can do, therefore they do what's in their hearts, they understand the influence and attract it.
Some people give time, some money, some their skills and connections, some literally give their life's blood . . . but everyone has something to give.
The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like "Greenscum" and Bernanke to do things like this (and don't forget Volker, there's the whole cast of them). The thing is that people have been educated or miseducated or brainwashed into believing that this is wayyyy too complicated for regular people to understand and that we need to let PhD economists guide us along in terms of what's right... and that's all bull.
The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like "Greenscum" and Bernanke to do things like this (and don't forget Volcker, there's the whole cast of them). The thing is that people have been educated or miseducated or brainwashed into believing that this is wayyyy too complicated for regular people to understand and that we need to let PhD economists guide us along in terms of what's right... and that's all bull.
The resources you happen to accumulate, what do you do with them? You can spend the money and buy some houses or whatever, and people do some of that and that's fine. You can give the money to other people, your family, but usually when you do that you screw them up and it ends up counterproductive. Or, you take those resources and reinvest them in things that you believe in, and that could be reinvesting in a philanthropic cause.
I don't understand blogs. People used to write to make money, no? You didn't give it away. I have nothing against blogs. I don't have a problem with them. But it's like, 'What are you doing? Why aren't you working?
Support for charities takes many forms. Some people give their money, some their spare time. I give my name and my voice. We give what we can to make a difference to the people and issues that matter to us. But what's most important, especially for celebrities, is giving our genuine commitment.
I have a merely ethical and moral relationship to collecting. Whereby I never collect things that I necessarily like. I collect things by young artists who don't have any money because I need to give them some money! Because I think that they should carry on whether I like it or not.
For after all, what is there behind, except money? Money for the right kind of education, money for influential friends, money for leisure and peace of mind, money for trips to Italy. Money writes books, money sells them. Give me not righteousness, O lord, give me money, only money.
The essential thing we need to understand is that the climate crisis is not some future threat, but a very present peril, the biggest one humans have ever encountered. Until we understand that, we'll dawdle.
The rider and the team need to understand one another and work in the same direction. Then the rider's happy, and only then will the rider be able to give 100%.
I'm the only one in America who belongs to the 'Cure Cancer' party, so if you give money to cancer, like Harry Reid and Max Baucus, some of these guys really helped us raise big money for cancer, I give them big money for their reelections.
I need the money. People don't understand how little money you make in a band.
The real payoffs you never understand. You should just give good people money and tell them to do good things.
The people who are sending our men and women in uniform into conflict need to understand that there are some things worth fighting for, but also understand the high cost of war.
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