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World Thinkers 2014: Daniel Kahneman

Psychologist, Israel/US

By Prospect Team  

Although he is not an economist, Kahneman is often credited, along with the cognitive psychologist Amos Tversky, with inventing the discipline of behavioural economics, which challenges the idea, central to much economic theory, that “people are generally rational.” His 2011 book Thinking, Fast and Slow, in which he argued that human cognitive processes consist of two distinct systems (one “fast” and one “slow”), was a bestseller and was met with critical acclaim. Nassim Nicholas Taleb described it as “a landmark book in social thought, in the same league as The Wealth of Nations by…

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