Monday, July 22, 2013

THINKING FAST AND SLOW Audiobook


THINKING FAST AND SLOW Audiobook: Thinking, Fast and Slow [Audiobook, Unabridged 13 CDs] (THINKING FAST AND SLOW Audio CD) Audio CD

Author: Visit Amazon's Daniel Kahneman Page - ISBN: B00ALSOKSY - Language: English - Format: PDF, EPUB

DESCRIPTION
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DETAILS
  • Audio CD
  • Publisher: Random House Audio; Unabridged edition (2011)
  • Language: English
  • ASIN: B00ALSOKSY
  • Product Dimensions: 5.9 x 5.1 x 1.6 inches
  • Shipping Weight: 1 pounds
  • Amazon Best Sellers Rank: #113,609 in Books (See Top 100 in Books)

REVIEWS

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Back in 1994, Massimo Piattelli-Palmarini, Director of the Institute of San Raffaele in Milan, Italy, wrote a charming little book about common cognitive distortions called Inevitable Illusions. It is probably the very first comprehensive summary of behavioral economics intended for general audience. In it, he predicted that the two psychologists behind behavioral economics - Amos Tversky and Daniel Kahneman - would win the Nobel prize. I didn't disagree with the sentiment, but wondered how in the world were they going to get it since these two were psychologists and there is no Nobel prize in psychology. I didn't think there was much chance of them winning the Nobel Prize in economics. I was wrong and Piattelli-Palmarini was right. Kahneman won the Nobel prize in Economic Sciences. (Tversky unfortunately prematurely passed away by this time.) Just as Steve Jobs who was not in the music industry revolutionized it, the non-economists Kahneman and Tversky have revolutionized economic thinking. I have known Kahneman's work for quite some time and was quite excited to see that he was coming out with a non-technical version of his research. My expectations for the book were high and I wasn't disappointed.

Since other reviewers have given an excellent summary of the book, I will be brief in my summary but review the book more broadly.

The basis thesis of the book is simple. In judging the world around us, we use two mental systems: Fast and Slow. The Fast system (System 1) is mostly unconscious and makes snap judgments based on our past experiences and emotions. When we use this system we are as likely to be wrong as right. The Slow system (System 2) is rational, conscious and slow. They work together to provide us a view of the world around us.

So what's the problem?

PREVIEW

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