"That’s our goal: to be the GPS for life.” What does a "nudge" mean in economics? Nobel Laureate and behavioural economist Richard Thaler explains the term he coined. Nudging helps people make decisions that are in their long-term self-interest, such as when saving for a pension. | Nobel Prize

"I have more faith in mankind than economists do." 2017 Laureate in Economic Sciences Richard Thaler, during the Nobel Banquet on 10 December, shares the worst thing he does with his own money, talks about his faith in humanity and shares a story about "weird stuff that people do" when it comes to behaviour related to their own money. Production: SVT, Sveriges Television, interviewer is Jessika Gedin | Nobel Prize

Richard Thaler just won the Nobel Prize in Economics! We sat down for a conversation with the author and behavioral finance theorist a while back, and here it is. | Big Think Science