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Tim Harford explains the numbers and statistics in the news and in life

Tim Harford explains the numbers and statistics in the news and in life.

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More or Less: How Richard Thaler Changed Economics

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How Richard Thaler changed Economics

15/10/2017 GMT

How Richard Thaler Changed Economics

BBC World Service - More or Less, How Richard Thaler Changed Economics

The behavioural economist who has inspired governments around the world

The behavioural economist who has inspired governments around the world.

This year’s Nobel Memorial Prize for Economics was awarded to the American, Richard Thaler, for his contributions to behavioural economics. In this week’s More or Less, Charlotte McDonald and Tim Harford explain why Thaler’s work has been so important. They introduce the audience to his world of good nudges, evil nudges and sludge.

Presenter: Tim Harford
Producer: Charlotte McDonald


(Professor Richard Thaler standing in front of portraits of previous winners at the University of Chicago. Credit: Scott Olson/Getty Images)

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