Daniel Kahneman: Nobel Prize winner teaches us how to think better

We had the honour of speaking with Daniel Kahneman, author of ‘Thinking, Fast and Slow’ and ‘Noise’.

Danny Kahneman won with 2002 Nobel Prize in Economic Sciences for “having integrated insights from psychological research into economic science, especially concerning human judgment and decision-making under uncertainty”.

His first book, ‘Thinking, Fast And Slow’, showed us two modes of thinking: System 1 (“fast”, intuitive, non-cognitively demanding thinking), and System 2 (“slow”, laborious, effortful thinking). It introduced us to many different biases and heuristics, mental shortcuts, that impede our judgement.

His new book, ‘Noise’, which he co-authored with Cass Sunstein and Olivier Sibony, we were introduced to another flaw in human judgement: Noise.

Biases are the consistent mistakes we make, Noise is the random errors. Both lead to errors in judgment and flaws in thinking.

In this episode, we discuss how we can all think better.