Clearly, the decision-making that we rely on in society is fallible. It's highly fallible, and we should know that.
Daniel KahnemanThere'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.
Daniel KahnemanThe brains of humans contain a mechanism that is designed to give priority to bad news.
Daniel KahnemanTrue intuitive expertise is learned from prolonged experience with good feedback on mistakes.
Daniel Kahneman