A Quote by Richard Thaler

Economists discount any factors that would not influence the thinking of a rational person.

Richard Thaler

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Any Discount Economists Factors Influence Person Rational Thinking Would

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Richard Thaler
American - Economist
Born: September 12, 1945

Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place.

Richard Thaler

Appraise war in terms of the fundamental factors. The first of these factors is moral influence.

Sun Tzu

Without passion, any rational person would give up!

Steve Jobs

You have to have a lot of passion for what you do... because if you don't, any rational person would give up.

Steve Jobs

A most important, but also most elusive, aspect of any tool is its influence on the habits of those who train themselves in its use. If the tool is a programming language this influence is, whether we like it or not, an influence on our thinking habits.... A programming language is a tool that has profound influence on our thinking habits.

Edsger Dijkstra

In legal parlance, that is called 'the rational person test,' ... That's where somebody else says, 'Even though we have no idea what this person would want in this circumstance in which they cannot themselves tell us what they want, a 'rational' person - meaning, myself - in that circumstance would want to die.' So you move very quickly from so-called voluntary euthanasia to involuntary euthanasia. These legal and medical developments are not simply hypothetical They're in the courts right now.

Richard John Neuhaus

Don’t discount that part of who he was just because you didn’t know it. None of us are all of who we are to any one person.

John Scalzi

I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life as a professional economist, so I'm careful that my economics is as it should be. But I have long felt that there's no economic proposition that can't be stated in clear, accessible language. So I try to be right with my fellow economists, but I try to have an audience of any interested, intelligent person.

John Kenneth Galbraith

Surely no rational or realistic person will discount the possibility that [during wartime] the United States might suddenly resort to nuclear weapons. Those who retain the instinct for survival, not to speak of minimal concern for their fellow man, will seek ways to act before rather than after the event.

Noam Chomsky

Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.

Paul Krugman

When consumers do not take full advantage of efficiency gains, it is because they are weighing other factors that influence their decision making. When the federal government arbitrarily places one of those factors over others, it makes consumers worse off.

Gina McCarthy

I don't think you would have any trouble at all in deciding that you are thinking of some event and then visualizing it happening with its consequences, and constructing a rational analysis of it without being able to verbalize it adequately in anything like its full complexity.

Noam Chomsky

Raymond Aron ascribes to Weber the view that 'each man's conscience is irrefutable.' ... while [Weber] holds that an agent may be more or less rational in acting consistently with his values, the choice of any one particular evaluative stance or commitment can be no more rational than any other. All faiths and all evaluations are equally non-rational.

Alasdair MacIntyre

It is more rational to suspect knavery and folly than to discount, at a stroke, everything that past experience has taught me about the way things actually work

David Hume

While it is becoming increasingly obvious that the fundamental architecture of a system has a profound Influence on the quality of its human factors, the vast majority of human factors studies concern the surface of hardware (keyboards, screens) or the very surface of the software (command names, menu formats).

Lewis M. Branscomb

If being "iron headed" is to be lacking such feelings, then Kant's position is that an ironheaded person could not be a moral agent because such a person would not be rational.

Allen W. Wood

A Quote by Richard Thaler

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