"I think we also have learned the lesson that we have to have better incentive structures."

--

Source : Source: bigthink.com

Richard Thaler

#Thinking Quotes #Lessons Quotes #Incentives Quotes

“Right defeated is stronger than evil triumphant.”
“As you get older, you learn there are some things out of your control.”
“My stories are very somber, so I think I need the comic ingredient. Besides, life has so much humor.”
“Power is the great enemy of freedom”
“in politics as in life, what is known is not necessarily what is believed, what is shown is not necessarily what is seen, and what is said is not necessarily what is heard.”

Source : Kathleen Hall Jamieson (1993). “Dirty Politics: Deception, Distraction, and Democracy”, p.16, Oxford University Press on Demand
“Live today. Remove all blame from your vocabulary. Catch yourself when you find yourself using your past history as a reason for your failure to act today, and instead say, 'I am free now to detach myself from what used to be.'”
“I think the asset management industry, especially in the US, is going through a pretty tough time. If you talk to the CEO of a US asset manager, morale would be at a low, even though stock markets are at almost record levels.”
“I look back at photographs and I remember at the time I thought I was not very attractive.”

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