The Concept Of Happiness Has To Be

There's A Very Good Reason For Why Economics Developed The Way It Did, And That Is That In Many Situations, The Assumption That People Will Exploit The Opportunities Available To Them Is Very Plausible, And It Simplifies The Analysis Of How Markets Will Behave.

An Investment Said To Have An 80% Chance Of Success Sounds Far More Attractive Than One With A 20% Chance Of Failure. The Mind Can't Easily Recognize That They Are The Same.

We Are Far Too Willing To Reject The Belief That Much Of What We See In Life Is Random.

A General Limitation Of The Human Mind Is Its Imperfect Ability To Reconstruct Past States Of Knowledge, Or Beliefs That Have Changed. Once You Adopt A New View Of The World (or Any Part Of It), You Immediately Lose Much Of Your Ability To Recall What You Used To Believe Before Your Mind Changed.

Researchers Who Studied A Thousand Dutch Vacationers Concluded That By Far The Greatest Amount Of Happiness Extracted From The Vacation Is Derived From The Anticipation Period.