Daniel Kahneman

I have Daniel Kahnemann’s book Thinking Fast and Slow, but have yet to read it. Judging from the positive reviews and his past work, it sounds like it should be pretty good. Kahnemann was on CNBC last week discussing some themes from his…

Daniel Kahneman says a refusal to admit complexity leads people toward a simplistic view of their own self image. He sees a difference between our "experiencing selves" and our "remembering selves" and how these two…

We’re not really hard wired for making money in the markets. We use a lot of gut instincts, heuristics and plain illogic in making decisions.  The result is sub-optimal investment performance. This is the nothing new as the field of…

Leader Limbaugh: Chalk One Up to Obama, DNC - 538 Limbaugh tops the list--not only among Democrats, but Republicans and all national adults surveyed--as the figure identified as "the main person speaking for the Republican…

Submitted by Edward Harrison of the site Credit Writedowns. During the last generation, the economics profession has veered toward a ‘science’ model of economics and finance. The intellectual underpinnings for this development began with…

The real lecture begins about 5 minutes through.

Willem Buiter's Maverecon - Remembering Eddie George Willem Buiter recounts some personal tales from the late Bank of Egland Governor's life. Fujitsu’s Self-Desctructing USB Drive for Leak-Proof Secrets » My Digital Life This is…

What has the housing bubble told us about market efficiency, social psychology and economics? Quite a lot, I believe.In the aftermath of the housing bubble, one thing is for certain: we can throw out the inane "Efficient Market…

About five years ago, Daniel Kahnemann won the Nobel Prize in Economics for his work on Behavioral Economics. This was a breakthrough because the financial markets and the economics profession had been dominated by the "efficient market,"…