Policy makers, like most people, normally feel that they already know all the psychology and all the sociology they are likely to need for their decisions. I don't think they are right, but that's the way it is.
Daniel KahnemanWe know that the French are very different from the Americans in their satisfaction with life. They're much less satisfied. Americans are pretty high up there, while the French are quite low - the world champions in life satisfaction are actually the Danes.
Daniel KahnemanThe effort invested in 'getting it right' should be commensurate with the importance of the decision.
Daniel KahnemanIt's a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.
Daniel Kahneman