Richard Thaler Quotes

In modern times sound policy-making must often come to grips with numbers.

As a scientist, you're not supposed to make decisions without the data.

Now, look, I - I like to look at evidence. I plead to that. I think evidence is important when you're making decisions that affect other people's lives.

Good policy is grounded in a robust set of facts and data.

I am strongly committed to evidence-based policymaking across government.

Every day we go over data and use science and data to drive policy and decision-making.

You must build public policies on reason, on facts.

You have to be willing to have the decision-making follow the data.

The great thing about fact-based decisions is that they overrule the hierarchy.

Decisions should be based on facts, objectively considered what I call the fact-founded, thought-through approach to decision making.

All policies should be guided by science, not just whose voice is the loudest.

Governments should want and even crave the best possible scientific advice. With reliable knowledge come better decisions, fewer mistakes and more results achieved for each pound spent.

I don't have a particular recommendation other than that we base decisions on as much hard data as possible. We need to carefully look at all the options and all their ramifications in making our decisions.

In general, I found that the more that debates can be about facts and data, the more likely government is to make sound decisions that benefit innovators and the American people.

What I learned from my work as a physician is that even with the most complicated patients, the most complicated problems, you've got to look hard to find every piece of data and evidence that you can to improve your decision-making. Medicine has taught me to be very much evidence-based and data-driven in making decisions.

We all have an obligation to move beyond anecdotes.

Go with the science!.

Do not speculate; get data and calculate.

You can't manage science.... There are some things that you have to do based on the facts regardless of your ideology.

Policy should always be rooted in unbiased science.

Trust science, believe that innovation and discoveries are good for us, and make decisions based on data and evidence.

In disciplines as disparate as baseball, financial services, trucking and retail, people are realizing the power of data to help make better decisions.

Of course, analysis can sometimes give more accurate results than intuition but usually it’s just a lot of work. I normally do what my intuition tells me to do. Most of the time spent thinking is just to double-check.

I believe in evidence-based decision making. I want to know what the facts are.

Our [politicians] responsibility is to be sure that we utilize the best science.