What Nobel Winner Daniel Kahneman Said About Decisions, Marriage, and Success

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What Nobel Winner Daniel Kahneman Said About Decisions, Marriage, and Success
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Daniel Kahneman in conversation at Methodist Central Hall in London, on March 18, 2014.

Belinda Luscombe is an editor at large at TIME, where she has covered a wide swath of topics, but specializes in interviews, profiles, and essays. In 2010, she won the Council on Contemporary Families Media Award for her stories on the ways marriage is changing. She is also author ofaniel Kahneman, who died on March 27, won a Nobel Prize in economics even though he was a psychologist.

All of us have the ability both for fast thinking and for slow thinking. We couldn’t survive with only one. There are people who are more obviously in touch with their emotions and who follow their gut more. You can compare the current President and his predecessor . is certainly much more reflective and much more deliberate. And the previous one quite explicitly trusted his intuition, trusted his gut, and very much followed what System One was telling him to do.

Well, I’m not a good case study because I’ve been studying this for 45 years and my intuitions really have not improved. I don’t believe in self-help. I believe occasionally you can recognize a situation in which you’re making a mistake. My goal in the book was actually to educate gossip, because I think we are much, much better at correcting the mistakes of other people than at detecting our own.

It probably is changing the way we think. It probably is changing the way that we learn about the world, but I don’t really know enough to have an intelligent answer to that question.In the first place, they think that other people have biases but that they don’t. We’re generally very overconfident in our opinions and our impressions and judgments. Many people—not all, but the people who make the most difference to the lives of other people—are optimistic and they have an illusion of control.

Well, I should think so, yes. Knowing something about the future, not expecting that your feelings will remain exactly the same as they are now – that, I think, will be quite a useful thought to have when people marry.

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