Except for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.

We think of our future as anticipated memories.

The planning fallacy is that you make a plan, which is usually a best-case scenario. Then you assume that the outcome will follow your plan, even when you should know better.

We don't see very far in the future, we are very focused on one idea at a time, one problem at a time, and all these are incompatible with rationality as economic theory assumes it.

I do think Hollywood is recognizing that there's a craving for it, that there's a huge audience in our country. They want movies that they can bring their families to. They want movies that are going to speak to their heart, in a way that's refreshing to their hearts. And Hollywood is learning that there's money to be made there.

If you are at the top in entertainment, you earn money that you can never justify to ordinary people doing proper jobs. You can't.

Of course I want to be a best seller because I'm in the business and I want to be read, but there is no money in the world that can compensate for writing badly.

Households and businesses cut expenses every day. Passing a financial down payment alongside the debt limit sends the right message to the public, and gives members of Congress greater comfort, or cover, depending on your perspective.