Tag Archives: Kahneman

Adam Smith’s Innovation by Division of Labor

Daniel Kahneman in Thinking, Fast and Slow describes what he calls “What You See Is All There Is”: The combination of a coherence-seeking System 1 with a lazy System 2 implies that System 2 will endorse many intuitive beliefs, which … Continue reading

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In Thinking, Fast and Slow, Daniel Kahneman develops the idea of “what you see is all there is.” He makes the case that we use two rather different mental approaches, which he calls System 1 and System 2. System 1 … Continue reading

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