I look at this wondering "why people act against their own interest", especially in this very partisan political time. Another related post ...
Kahneman believes most of us do not understand the first thing about "how we think". See link at end ...
"Very difficult to think straight about well-being."
"Memory self is a story teller" vs "experience self"From his TED bio -
Daniel Kahneman is an eminence grise for the Freakonomics crowd. In the mid-1970s, with his collaborator Amos Tversky, he was among the first academics to pick apart exactly why we make "wrong" decisions. In their 1979 paper on prospect theory, Kahneman and Tversky examined a simple problem of economic risk. And rather than stating the optimal, rational answer, as an economist of the time might have, they quantified how most real people, consistently, make a less-rational choice. Their work treated economics not as a perfect or self-correcting machine, but as a system prey to quirks of human perception. The field of behavioral economics was born.
WI 1848 Forward: Think #Politics - #TED - #Kahneman - Riddle: Experience vs Memory : #Dems #GOP #47% vs #1% #elites
WI 1848 Forward: Think #Politics - #TED - #Kahneman - Riddle: Experience vs Memory : Can you recognize a huckster? http://wi1848forward.blogspot.com/2012/09/think-politics-ted-kahneman-riddle.html?spref=tw