Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image
It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness. — Daniel Kahneman Copy Share Image
You know, the standard state for people is 'mildly pleasant.' Negative emotions are quite rare, and extremely positive emotions are rare. But… — Daniel Kahneman Copy Share Image
When people talk of the economy being strong, they don't seem to feel that they, too, are better off. — Daniel Kahneman Copy Share Image
I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by… — Daniel Kahneman Copy Share Image
The evidence is unequivocal, there's a great deal more luck than skill in people getting very rich. — Daniel Kahneman Copy Share Image
People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes… — Daniel Kahneman Copy Share Image
I think one of the major results of the psychology of decision making is that people's attitudes and feelings about losses and… — Daniel Kahneman Copy Share Image
“Finally, the illusions of validity and skill are supported by a powerful professional culture. We know that people can maintain an unshakable… — Daniel Kahneman Copy Share Image
If people do not know what is going to make them better off or give them pleasure, then the idea that you… — Daniel Kahneman Copy Share Image
One emphasis of my research has been on the question of how people spend their time. Time is the ultimate finite resource,… — Daniel Kahneman Copy Share Image
A general “law of least effort” applies to cognitive as well as physical exertion. The law asserts that if there are several… — Daniel Kahneman Copy Share Image
When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of… — Daniel Kahneman Copy Share Image
When people evaluate their life, they compare themselves to a standard of what a successful life is, and it turns out that… — Daniel Kahneman Copy Share Image
If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst… — Daniel Kahneman Copy Share Image
A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions… — Daniel Kahneman Copy Share Image
If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality. — Daniel Kahneman Copy Share Image
People should be conscious of the large contribution made by anything that gets people together easily in the reduction of loneliness and… — Daniel Kahneman Copy Share Image
When you look at the books about well-being, you see one word - it's happiness. People do not distinguish. — Daniel Kahneman Copy Share Image
The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the… — Daniel Kahneman Copy Share Image
Facts that challenge basic assumptions-and thereby threaten people's livelihood and self-esteem-are simply not absorbed. The mind does not digest them. — Daniel Kahneman Copy Share Image
Optimism is normal, but some fortunate people are more optimistic than the rest of us. If you are genetically endowed with an… — Daniel Kahneman Copy Share Image
People who face a difficult question often answer an easier one instead, without realizing it. — Daniel Kahneman Copy Share Image
Economists think about what people ought to do. Psychologists watch what they actually do. — Daniel Kahneman Copy Share Image
“People who are poor think like traders, but the dynamics are quite different. Unlike traders, the poor are not indifferent to the differences between… — Daniel Kahneman Copy Share Image
“Mood evidently affects the operation of System 1: when we are uncomfortable and unhappy, we lose touch with our intuition.” — Daniel Kahneman Copy Share Image
The confidence that individuals have in their beliefs depends mostly on the quality of the story they can tell about what they see, even… — Daniel Kahneman Copy Share Image
“So this is my aim for watercooler conversations: improve the ability to identify and understand errors of judgment and choice, in others and eventually… — Daniel Kahneman Copy Share Image
“For example, I recently came to doubt my long-held impression that adultery is more common among politicians than among physicians or lawyers.” — Daniel Kahneman Copy Share Image
Survival prospects are poor for an animal that is not suspicious of novelty. — Daniel Kahneman Copy Share Image
“the idea of money primes individualism: a reluctance to be involved with others, to depend on others, or to accept demands from others.” — Daniel Kahneman Copy Share Image
Most of the moments of our life - and I calculated, you know, the psychological present is said to be about three seconds long;… — Daniel Kahneman Copy Share Image
“knowing little makes it easier to fit everything you know into a coherent pattern.” — Daniel Kahneman Copy Share Image
Experts don't know exactly where the boundaries of their expertise are. — Daniel Kahneman Copy Share Image