It's Clear That Policymakers And Economists Are

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

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.

It Is Only A Slight Exaggeration To Say That Happiness Is The Experience Of Spending Time With People You Love And Who Love You.

People Are Very Good [at] Thinking About Agents. The Mind Is Set Really Beautifully To Think About Agents. Agents Have Traits. Agents Have Behaviors. We Understand Agents. We Form Global Impression Of Their Personalities. We Are Really Not Very Good At Remembering Sentences Where The Subject Of The Sentence Is An Abstract Notion.

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.