Richard Thaler

Richard Thaler

From The Big Interview by Monocle

January 9, 2026 · 35 min

About this episode

Richard Thaler discusses his career in behavioural economics and the challenges of changing economic theories.

Pioneer of behavioural economics Richard Thaler discusses the arc of his career, from ‘heretic’ to Nobel Prize winner, and why it was so difficult to convince economists that behaviour and human nature contradict their theories. Also: his rules for a better way to play Scrabble. See omnystudio.com/listener for privacy information.

People in this episode

Guest: Richard Thaler

Topics covered

  • behavioural economics
  • Nobel Prize
  • human nature
  • Scrabble
  • economics

Keywords

  • behavioural economics
  • Nobel Prize
  • Richard Thaler
  • Scrabble
  • economics

Mentioned in this episode

Organizations: Monocle

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