Poverty is clearly one source of emotional suffering, but there are others, like loneliness. A policy to reduce the loneliness of the elderly would certainly reduce suffering.
Interpretation
Emotional suffering can stem from various sources, not just poverty. Addressing loneliness among the elderly could alleviate a significant amount of this suffering.
Daniel Kahneman highlights that emotional suffering, such as that experienced by the elderly, is not solely caused by financial hardship like poverty, but also by social factors such as loneliness. He suggests that developing policies to combat loneliness could have a meaningful impact on reducing emotional distress, emphasizing that a holistic approach to well-being should include social connectivity and mental health support.
In practice
In a speech addressing social welfare, one could reference this quote to advocate for programs that support elderly individuals.
We think, each of us, that we're much more rational than we are. And we think that we make our decisions because we have good reasons to make them. Even when it's the other way around. We believe in the reasons, because we've already made the decision.
The average investor's return is significantly lower than market indices due primarily to market timing.
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
Laziness is built deep into our nature.
Through some combination of culture and biology, our minds are intuitively receptive to religion.
You are more likely to learn something by finding surprises in your own behavior than by hearing surprising facts about people in general.
The very beginning of Genesis tells us that God created man in order to give him dominion over fish and fowl and all creatures. Of course, Genesis was written by a man, not a horse. There is no certainty that God actually did grant man dominion over other creatures. What seems more likely, in fact, is that man invented God to sanctify the dominion that he usurped for himself over the cow and the horse.
Survival in the conventional sense of the term means to continue to live, but also to live after death.
People don't alter history any more than birds alter the sky, they just make brief patterns in it.
I would not enter on my list of friends_x000D_ _x000D_ (Though graced with polished manners and fine sense,_x000D_ _x000D_ Yet wanting sensibility) the man_x000D_ _x000D_ Who needlessly sets foot upon a worm.
A fertilizer bomb that kills hundreds in Oklahoma. Fuel-laden civil jets that kill 4000 in New York. A sanctions policy that kills one and a half million in Iraq. A trade policy that immiserates continents. You can make a bomb out of anything. The ones on paper hurt the most.
Most people who offer their help do it to make themselves feel better, not us. To be honest, I don't blame them. It's superstition: If you give assistance to the family in need... if you throw salt over your shoulder... if you don't step on the cracks, then maybe you'll be immune. Maybe you'll be able to convince yourself that this could never happen to you.
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