I Don't Try To Be Clever At

Policy Makers, Like Most People, Normally Feel That They Already Know All The Psychology And All The Sociology They Are Likely To Need For Their Decisions. I Don't Think They Are Right, But That's The Way It Is.

After A Crisis We Tell Ourselves We Understand Why It Happened And Maintain The Illusion That The World Is Understandable. In Fact, We Should Accept The World Is Incomprehensible Much Of The Time.

People's Mood Is Really Determined Primarily By Their Genetic Make-up And Personality, And In The Second Place By Their Immediate Context, And Only In The Third And Fourth Place By Worries And Concerns And Other Things Like That.

Money Does Not Buy You Happiness, But Lack Of Money Certainly Buys You Misery.

Economists Think About What People Ought To Do. Psychologists Watch What They Actually Do.