Daniel Kahneman won the Nobel Prize in 2002 for shattering the assumption that economics is rational
by Ambrose Evans-Pritchard
British voters are succumbing to impulsive gut feelings and irrational reflexes in the Brexit campaign with little regard for the enormous consequences down the road, the world’s most influential psychologist has warned.
Daniel Kahneman, the Israeli Nobel laureate and father of behavioural economics, said the referendum debate is being driven by a destructive psychological process, one that could lead to a grave misjudgment and a downward spiral for British society.
“The major impression one gets observing the debate is that the reasons for exit are clearly emotional,” he said.