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Richard Thaler, left, won the Nobel Prize in economics on Monday in part because he realized people act irrationally. Credit Scott Olson/Getty Images


The Art of Thinking Well

The Art of Thinking Well

Richard Thaler has just won an extremely well deserved Nobel Prize in economics. Thaler took an obvious point, that people don’t always behave rationally, and showed the ways we are systematically irrational. Thanks to his work and others’, we know a lot more about...