I had the chance to compare the two directly as I major in Psychology and have heard Philosophy as a minor.
chris madden - 18 June 2009 07:57 PM
Philosophy is the discipline of thinking about things, while psychology is the discipline of thinking about why we think about things.
And some of the things Philosophers think about are addressed by Psychology, too 
I think the main difference is that Psychology is working empirically, whereas Philosophers try to reach their conclusions - more or less - purely by reasoning.
Of course, a lot of Philosophers try to include empirical findings into their writing, as, for example, Daniel Dennett does in “Consciousness Explained”.
Frohicky - 11 January 2010 10:45 PM
Philosophy is the discipline of thinking about things, while psychology is the discipline of thinking about why we think about things.
Philosophers often seem adamant that Psychology (or any science for that matter) has nothing to teach them, which I find plainly false
That’s rather hard on them;-)
True, I know one professor who said that we haven’t learned anything much since Descartes concerning our Nervous system and the relationship between mind and body, citing Descartes’ idea of a Nervous System made of pipelines, and stated that modern conceptions are basically the same.
But other lecturers - and authors - have used examples from Psychology and other sciences to make their points and have accepted outcomes of psychological as valid arguments when they were grading my homework.
One difference appears to be the epistemic standard. Philosophy often calls for logical proof, or clear-cut criteria which, in practice, are hard, if not impossible to deliver. Whereas in psychology, arguments based on plausibility or “best guesses” are generally more accepted. In my first psychology lectures, there was a lot of talk about the principle of falsification and the preliminary nature of any hypothesis or theory. (Of course, the latter ideas also come from philosophy, but they do not seem to play a big role in the methodological inventory of philosophers).
Also, there are differences in the type of question the ask.
Psychologists have to ask very specific questions in order to translate them into a study or experimental design. Sometimes, a lot of effort is invested in small details or sub-aspects of a certain phenomenon. While I think this is worthwhile doing, I think it’s a pity that people rarely try to piece the puzzle together.
Philosophy takes more of a meta-perspective and tries to ask questions that are more over-arching or maybe fundamental – both philosophy of science which does have something to say about how psychologists should work and philosophy of mind which might provide a framework for psychological findings. There are some examples of philosophers being able to point to inconsistencies in psychological positions (e.g. Dennett’s criticism of Libet).
Some would say that there hasn’t been much progress in philosophy and that this is due to the way it works (Or doesn’t).