# Money,  complexity,  and psychology

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

## P-FINANCE [Wealth, loser's game, and uncertainty](https://knowen.org/nodes/29245)⏎

- [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.

[a review](https://marker.medium.com/i-read-it-so-you-dont-have-to-the-psychology-of-money-a37b267a44cf)
[long pdf](https://www.planetayurveda.com/traditional-books/the-psychology-of-money-by-morgan-housel.pdf) and [short pdf](http://static.booktopia.com.au/pdf/9780857197689-1.pdf)


- [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.
[good review](https://medium.com/@westofthesun/wealth-made-simple-72ed61fb2632)

- Dan Crosby [The laws of wealth](https://www.amazon.co.uk/gp/product/0857197835/ref=ox_sc_act_title_3?smid=A3P5ROKL5A1OLE&psc=1)

[a part](http://static.booktopia.com.au/pdf/9780857197832-1.pdf)

- Chris Ellis [Winning the Loser's Game](https://www.amazon.co.uk/Winning-Losers-Game-Seventh-Strategies/dp/1259838048/ref=sr_1_2?crid=TL6AREEDHM11&keywords=winning+the+loser%27s+game&qid=1672691926&sprefix=winning+the+losers+game%2Caps%2C85&sr=8-2)

[why loser's game](https://www.empirical.net/wp-content/uploads/2012/06/the_losers_game.pdf)

## [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