Misbehaving with Richard Thaler

Published: Oct. 24, 2017, 1:57 a.m.

b"We don't always do what we're supposed to do. We don't save enough for retirement. We order dessert \\u2014 even when we're supposed to be dieting. In other words, we misbehave. That's the title of Richard Thaler's most recent book: Misbehaving: The Making of Behavioral Economics. If you've read Thaler's previous book, Nudge, you know he's an economist who studies why people don't really act the way traditional economists say they will. Thaler recently won a Nobel Prize for his contributions to the field of behavioral economics \\u2014 so we thought we'd celebrate by giving you this encore episode. It's still one of our favorites."