Recently, the Max Planck Society founded a new Project group for Psycholinguistics. This article reviews some of the kernel issues of the group's research program. The central concern is with the context dependency of the speaker's linguistic behavior. The process of linguistically formulating depends not only on what the speaker wants to express, but also on what has been said previously (linguistic context), and on the physical and social situation (nonlinguistic context). Special attention is paid to two context-dependent phenomena.