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Economist Richard Thaler Reflects On His Nobel Prize

U.S. economist Richard Thaler on June 22, 2014 after he was awarded the 2014 Global Economy Prize during the award ceremony in Kiel, Germany. Thaler won the Nobel Economics Prize on Oct. 9, 2017 for his pioneering work on the psychology of economics, the jury said.
(Carsten Rehder/AFP/Getty Images)
U.S. economist Richard Thaler on June 22, 2014 after he was awarded the 2014 Global Economy Prize during the award ceremony in Kiel, Germany. Thaler won the Nobel Economics Prize on Oct. 9, 2017 for his pioneering work on the psychology of economics, the jury said. (Carsten Rehder/AFP/Getty Images)

Economist Richard Thaler (@R_Thaler), whose work helps explain how people reject rational thinking when making financial decisions, speaks with Here & Now‘s Robin Young about winning the Nobel Prize in Economics.

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