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It's clear that policymakers and economists are going to be interested in the measurement of well-being primarily as it correlates with health they also want to know whether researchers can validate subjective responses with physiological indices.

Daniel Kahneman

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Daniel Kahneman
Age: 90
Born: 1934
Born: March 5
Economist
Psychologist
University Teacher
Tel Aviv
Israel
D Kahneman
Health
Economists
Clear
Researchers
Whether
Measurement
Also
Economist
Correlates
Wells
Primarily
Indices
Well
Subjective
Validate
Going
Response
Physiological
Interested
Responses

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Most successful pundits are selected for being opinionated, because it's interesting, and the penalties for incorrect predictions are negligible. You can make predictions, and a year later people won't remember them.
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This is the essence of intuitive heuristics: when faced with a difficult question, we often answer an easier one instead, usually without noticing the substitution.
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It's nonsense to say money doesn't buy happiness, but people exaggerate the extent to which more money can buy more happiness.
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When action is needed, optimism, even of the mildly delusional variety, may be a good thing.
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Money does not buy you happiness, but lack of money certainly buys you misery.
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Psychologists really aim to be scientists, white-coat stuff, with elaborate statistics, running experiments.
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If you can't take the time for a vacation right now, or even a night out with friends, put something on the calendar - even if it's a month or a year down the road. Then whenever you need a boost of happiness, remind yourself about it.
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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.
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I would not advise people to buy a car or house without making a list. You will probably improve your intuitions by making a list and then sleeping on it.
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If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
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True intuitive expertise is learned from prolonged experience with good feedback on mistakes.
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When people think of the outcomes of their decisions, they think much more short term than that. They think in terms of gains and losses.
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Political columnists and sports pundits are rewarded for being overconfident.
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Experienced happiness refers to your feelings, to how happy you are as you live your life. In contrast, the satisfaction of the remembering self refers to your feelings when you think about your life.
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Groups tend to be more extreme than individuals.
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The most effortful forms of slow thinking are those that require you to think fast.
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Alternative descriptions of the same reality evoke different emotions and different associations.
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People are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.
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