There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.

Laziness is built deep into our nature.

Economists think about what people ought to do. Psychologists watch what they actually do.

I don't try to be clever at all. The idea that I could see what no one else can is an illusion.

Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.

If you're going to be unreligious, it's likely going to be due to reflecting on it and finding some things that are hard to believe.

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.