x

# Money,  complexity,  and psychology

**"Everebody needs to understand HEALTH and MONEY"**


- [The Psychology of Money: Timeless lessons on wealth, greed, and happiness --- by Morgan Housel](https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681)

> Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.


- [The Geometry of Wealth: How to shape a life of money and meaning ---- by Brian Portnoy](https://www.amazon.com/Geometry-Wealth-Shape-Money-Meaning/dp/0857196715)

> ... based on the idea that wealth, truly defined, is funded contentment. It is the ability to underwrite a meaningful life. This stands in stark contrast to angling to become rich, which is usually an unsatisfying treadmill.

## [If Money Doesn't Make You Happy Then You Probably Aren't Spending It Right](https://scholar.harvard.edu/files/danielgilbert/files/if-money-doesnt-make-you-happy.nov-12-20101.pdf) Elizabeth W. Dunn, Dan Gilbert
⏎
## Taking risk and taking complexity is life

Taking risk and not keeping all options is an act of reducing complexity, while complexity and uncertainty have irreducible property 

**But we are looking for meaning and simplicity, therefore we need thinking tools**
When no single truth, we need flexible mechanisms beyond science
Markets is such a mechanism. Capitalism is such a system.
Markets are public information machines, investors are private information machines. Both, markets and investors, have behavioral biases, so not just machines.

**Do we have tools for handling complexity in science, finance, and economy?**



# Parents

* Cognitive Tools
* Practical Economics
* Happiness for everyone
* Practical Economics
* Cognitive Tools⏎