Misbehaving

“A sly and somewhat subversive history of [the economics] profession … engrossing and highly relevant.” – Jonathan A. Knee - New York Times“Highly enjoyable … dense with fascinating examples… . It is long past time to replace Econs with Humans, both in theory and in the practice of prediction.” – Carol Tavris - Wall Street Journal“A dryly humorous history of the revolution [Thaler] helped ignite, as well as a useful (if sometimes challenging) primer on its key concepts.” – Julia M. Klein - Chicago Tribune”[A] masterful, readable account of behavioral economics. Very well done.” – David Wessel, Pulitzer Prize-winning journalist, author of Red Ink and Ben Bernanke’s War on the Great Panic“Bound to become a classic. Now established as one of the great figures in the history of economic thought, Thaler has no predecessors. A rebel with a cause …[w]here he wins Olympic gold is in keen observation; his greatest insights come from actually looking.” – Cass Sunstein - New Rambler“Entertaining…. An excellent read on the shortcomings of classical economic and finance theory.” – Ronald L. Moy, CFA Institute“The creative genius who invented the field of behavioral economics is also a master storyteller and a very funny man. All these talents are on display in this wonderful book.” – Daniel Kahneman, winner of the Nobel Prize in Economics and author of Thinking, Fast and Slow“The story behind some of the most important insights in modern economics. If I had to be trapped in an elevator with any contemporary intellectual, I’d pick Richard Thaler.” – Malcolm Gladwell“Richard Thaler has been at the center of the most important revolution to happen in economics in the last thirty years. In this captivating book, he lays out the evidence for behavioral economics and explains why there was so much resistance to it. Read Misbehaving. There is no better guide to this new and exciting economics.” – Robert J. Shiller, winner of the Nobel Prize in Economics and author of Finance and the Good Society

Richard H. Thaler is the coauthor of the best-selling book Nudge with Cass R. Sunstein, and the author of Quasi Rational Economics and The Winner’s Curse. He is a professor of behavioral science and economics at the University of Chicago Booth School of Business and, in 2015, the president of the American Economic Association.