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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.
Richard Thaler
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"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."
— Richard Thaler #moneywealth

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It's essential that we understand things like the free-rider problem, but we also need to unde…

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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. — Richard Thaler

About Richard Thaler

Richard Thaler was a Economist from United States (1945–present).

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Frequently Asked Questions

Who said "It's essential that we understand things like the free-rider problem, but we al…"?
This quote is attributed to Richard Thaler, a Economist from United States.
When did Richard Thaler live?
Richard Thaler lived from 1945 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.