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10 Practical and Enlightening Quotes from THINKING FAST AND SLOW by Daniel Kahneman by Muinuddin Bashar

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  In 2002, Daniel Kahneman won the Nobel in economic science. What made this unusual is that Kahneman is a psychologist. Specifically, he is one-half of a pair of psychologists who, beginning in the early 1970s, set out to dismantle an entity long dear to economic theorists: that arch-rational decision maker known as Homo economicus. The other half of the dismantling duo, Amos Tversky, died in 1996 at the age of 59. Had Tversky lived, he would certainly have shared the Nobel with Kahneman, his longtime collaborator and dear friend. In his mega bestseller, Thinking, Fast and Slow , Daniel Kahneman , world-famous psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. The first system is fast, intuitive, and emotional ; the second system is slower, more deliberative, and more logical . The impact of overconfidence on corporate strategies, the difficulties of predicting what wi...