In this episode I have the honour to interview a Nobel Laureate who has devoted his life to understanding the way we think. His work has interesting links, not only to my new research topic of cognitive biases, but also on humanity’s continuing self examination of consciousness and the mysteries of the mind.

Berkely-trained psychologist Daniel Kahneman was corecipient of the Nobel Prize for Economics in 2002 for his integration of psychological research into economic science. His pioneering work examined human judgment and decision making under uncertainty.

He was a lecturer (1961–70) and a professor (1970–78) of psychology at the Hebrew University, University of British Columbia, University of California Berkeley, and Princeton University where he was the Eugene Higgins Professor of Psychology and a professor of public affairs at Princeton’s Woodrow Wilson School of Public and International Affairs.

Kahneman’s groundbreaking nobel research showed that people’s inferences of future probabilities are not strictly rational, but show various biases.

In 2011 Kahneman received the Talcott Parsons Prize from the American Academy of Arts and Sciences for his contributions to the social sciences. Also that year he published the best-selling book Thinking, Fast and Slow, which highlights two different ways in which people make decisions. His other books included Noise: A Flaw in Human Judgment. In 2013 Kahneman was awarded the U.S. Presidential Medal of Freedom.

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Episode 284: Gold ‘mimicking the 1970s charts’, ft Gareth Soloway on markets, metals and bubbles