If people can construct a simple and coherent story, they will feel confident regardless of how well grounded it is in reality.

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people will exploit the opportunities available to them is very plausible, and it simplifies the analysis of how markets will behave.

We are often confident even when we are wrong, and an objective observer is more likely to detect our errors than we are.

People who face a difficult question often answer an easier one instead, without realizing it.

It is only a slight exaggeration to say that happiness is the experience of spending time with people you love and who love you.

Being wealthy is often a powerful predictor that people spend less time doing pleasurable things and more time doing compulsory things and feeling stressed.

Mental effort, I would argue, is relatively rare. Most of the time we coast.