Economics

Thank Richard Thaler for Your Retirement Savings

Saving pretty well in your 401(k)? The newest Nobel economics prize winner may be responsible.

Inside Thaler's Economics Nobel Prize Win

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If you have a 401(k) plan at work, there’s a good chance that you’re saving more for retirement because of Richard Thaler.

The Nobel prize for economics tries to recognize important research with far-ranging consequences—but Thaler, awarded the prize Monday, may be its first winner to have had an almost immediate effect on millions of people’s paychecks.