Through some combination of culture and biology, our minds are intuitively receptive to religion.

We are far too willing to reject the belief that much of what we see in life is random.

Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.

The concept of loss aversion is certainly the most significant contribution of psychology to behavioral economics.

The effort invested in 'getting it right' should be commensurate with the importance of the decision.

People are really happier with friends than they are with their families or their spouse or their child.

Knowing the importance of luck, you should be particularly suspicious when highly consistent patterns emerge from the comparison of successful and less successful firms. In the presence of randomness, regular patterns can only be mirages.