A Quote by Richard Thaler

Morality aside, there are other factors deterring 'strategic defaults,' whether in recourse or nonrecourse states. These include the economic and emotional costs of giving up one's home and moving, the perceived social stigma of defaulting, and a serious hit to a borrower's credit rating.

Richard Thaler

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Aside Costs Credit Credit Rating Economic Emotional Factors Giving Giving Up Hit Home Include Morality Moving Other Perceived Rating Recourse Serious Social States Stigma Strategic Up Whether

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Richard Thaler
American - Economist
Born: September 12, 1945

Our first benchmark is to cut the deficit more quickly to safeguard Britain’s credit rating. I know that we are taking a political gamble to set this up as a measure of success. Protecting the credit rating will not be easy The pace of fiscal consolidation will be co-ordinated with monetary policy. And we will protect Britain's credit rating and international reputation.

George Osborne

Any serious social, political, and economic change must include veganism.

Gary L. Francione

Lenders look at potential borrowers from many angles before extending credit: How much of its income will a household need to put into debt repayment? How large is the down payment? Does the borrower have a job with a stable income? What is the borrower's credit score?

Mark Zandi

The United States Supreme Court, once a reliable if ultimate recourse for progressive and even revolutionary grievances, has become a retrograde wellspring for enormous economic and social distress.

June Jordan

No matter what happens in a child's home, no matter what other social and economic factors may impede a child, there's no question in my mind that a first-rate school can transform almost everything.

Jonathan Kozol

I'm the treasurer of the state of Ohio, where, when the United States credit rating was downgraded for the first time in American history, and 14 government funds around the country were downgraded, we earned the highest rating we could earn on our $4 billion investment fund.

Josh Mandel

Student loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt. ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs.

John F. Kennedy

I think it is important for people to understand that there are real serious economic costs and real serious economic damages associated with inaction on climate change.

Naomi Oreskes

Each man has an equal social right to multiply his power of motion by all the social factors of civilization. Private property in any of these factors is inconsistent with this fundamental right; it must, obviously, prove a source of economic despotism and industrial slavery.

Daniel De Leon

A variety of factors contribute to the price of gasoline in the United States. These factors include worldwide supply, demand and competition for crude oil, taxes, regional differences in access to gasoline supplies and environmental regulations.

Gary Miller

We have got this Damocles' sword of Standard and Poor's hanging over us, with the commitment they have made to review Britain's credit rating in the summer of 2010 after the general election. Everybody in Britain has a vital interest in ensuring that the triple A credit rating agency is maintained.

Philip Hammond

The parents pull you aside and say, `I have to give credit where credit is due, you really are sacrificing a lot for the community, and giving,' .. But I'm from here and committed to Homestead and the Steel Valley, and it's a no-brainer to me.

Charlie Batch

Religion is simply one of a multitude of factors - economic political, cultural, social, tribal, racial - which shape and drive human action and reaction and often is the least important of those factors.

Mehdi Hasan

We believe that part of the answer lies in pricing energy on the basis of its full costs to society. One reason we use energy so lavishly today is that the price of energy does not include all of the social costs of producing it. The costs incurred in protecting the environment and the health and safety of workers, for example, are part of the real costs of producing energy-but they are not now all included in the price of the product.

Richard M. Nixon

The other are the strategic, so-called strategic stocks that the United States and the other Western industrial countries have, which could put in as much as four million barrels a day of oil into the market pretty quickly.

Daniel Yergin

A Quote by Richard Thaler

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