Thinking, Fast and Slow


Book Description

*Major New York Times Bestseller *More than 2.6 million copies sold *One of The New York Times Book Review's ten best books of the year *Selected by The Wall Street Journal as one of the best nonfiction books of the year *Presidential Medal of Freedom Recipient *Daniel Kahneman's work with Amos Tversky is the subject of Michael Lewis's best-selling The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, world-famous psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Topping bestseller lists for almost ten years, Thinking, Fast and Slow is a contemporary classic, an essential book that has changed the lives of millions of readers.




Noise


Book Description

From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.




Summary - Thinking, Fast and Slow:


Book Description

Thinking, Fast and Slow - A Complete and Detailed Summary! The first chapter begins with Daniel Kahneman's description of two main characters of the book, neither of which are people. He refers to something that he calls System 1 and System 2. System 1 is dedicated to thinking fast. It almost solely relies on intuition and almost entirely disregards information. System 1 is in control every time we do an activity that requires quick thinking and reactions. For example, System 1 in in control when we drive, when we want to read other people's facial expressions, when we answer to questions that require quick answers, etc. Kahneman states that System 1 is involuntary and operates entirely on its own. System 2 thinks slowly and always relies on information and almost never on intuition. System 2 is in control when we try to solve difficult math problem, when we want to focus our attention on the voice of person in a room full of people, when we fill in tax forms, or during any other events that are based on awareness. System 2 requires energy, because it operates voluntarily. Here Is a Preview of What You Will Get: - A summarized version of the book, with approx. 60 pages. - You will find the book analyzed to further strengthen your knowledge. - Fun multiple-choice quizzes, along with answers to help you learn about the book. Get a copy, and learn everything about Thinking, Fast and Slow.




Superforecasting


Book Description

NEW YORK TIMES BESTSELLER • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE ECONOMIST “The most important book on decision making since Daniel Kahneman's Thinking, Fast and Slow.”—Jason Zweig, The Wall Street Journal Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week’s meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts’ predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight, and Tetlock has spent the past decade trying to figure out why. What makes some people so good? And can this talent be taught? In Superforecasting, Tetlock and coauthor Dan Gardner offer a masterwork on prediction, drawing on decades of research and the results of a massive, government-funded forecasting tournament. The Good Judgment Project involves tens of thousands of ordinary people—including a Brooklyn filmmaker, a retired pipe installer, and a former ballroom dancer—who set out to forecast global events. Some of the volunteers have turned out to be astonishingly good. They’ve beaten other benchmarks, competitors, and prediction markets. They’ve even beaten the collective judgment of intelligence analysts with access to classified information. They are "superforecasters." In this groundbreaking and accessible book, Tetlock and Gardner show us how we can learn from this elite group. Weaving together stories of forecasting successes (the raid on Osama bin Laden’s compound) and failures (the Bay of Pigs) and interviews with a range of high-level decision makers, from David Petraeus to Robert Rubin, they show that good forecasting doesn’t require powerful computers or arcane methods. It involves gathering evidence from a variety of sources, thinking probabilistically, working in teams, keeping score, and being willing to admit error and change course. Superforecasting offers the first demonstrably effective way to improve our ability to predict the future—whether in business, finance, politics, international affairs, or daily life—and is destined to become a modern classic.




The Undoing Project


Book Description

“Brilliant. . . . Lewis has given us a spectacular account of two great men who faced up to uncertainty and the limits of human reason.” —William Easterly, Wall Street Journal Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original papers that invented the field of behavioral economics. One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality.




Summary: Thinking, Fast and Slow by Daniel Kahneman


Book Description

Notice: This is a SUMMARY of Daniel Kahneman's, Thinking, Fast and Slow. Thinking, Fast and Slow became a New York Times bestseller for simple reasons... Daniel Kahneman is a Princeton psychologist, "the seventh most influential economist in the world" (according to The Economist), and the author of the highly acclaimed bestseller Thinking, Fast and Slow. Kahneman is the recipient of both the Nobel Prize in Economics as well as the Presidential Medal of Freedom. This groundbreaking book is the synthesis of Kahneman's decades-long work in the fields of judgement and decision-making, behavioral economics, cognitive psychology, and life satisfaction. Thinking, Fast and Slow was named one of the best books of the year by The New York Times Book Review, The Wall Street Journal, and the National Academy of Sciences and has made a huge impact on the worlds of business and economics by showing readers how to dissect their judgement and hone their decision-making abilities. This book summary will teach you how to: Identify glitches built into your mind; Anticipate unseen obstacles; Evaluate endeavors with an objective perspective; Use your analytical abilities to interrogate your intuition; Make better decisions and more probable predictions; Our summary makes it possible to digest Kahneman's concepts and research in fraction of the time, allowing you to realize how often your mind misguides you and clouds your judgement. If you truly resonate with Kahneman's concepts, we implore you to read the full book! Who will benefit from this book? Readers of this summary can expect to evolve as decision-makers. Anyone who wants to make fewer mistakes and learn how to take the right risks should read this summary. Most of us will never realize the vast implications of our inherently flawed judgement. Discover how to rewire the misplaced circuits of your brain. This summary will walk you through the techniques to harness the full power of your analytical mind today. Why read ExecutiveGrowth Summaries: The best-quality summaries on Amazon, guaranteed. Team of professional native-English writers and editors (a huge issue on Amazon; check the reviews of ANY other summary book company to see for yourself). Engaged CEO and a responsive team committed to your personal growth and making your reading experience superb. Bonus Power Insights gives you the main takeaways to keep top-of-mind. Bonus Guided Challenge to immediately implement the book's knowledge to your daily life. We craft summaries for busy high-achievers who still have the insatiable appetite to keep learning and growing. Our summaries provide the fastest way to increase perspective and productivity, guaranteed. We only curate summaries whose original books we love and are convinced have the highest potential for personal growth. Our team has singled out the key concepts and trimmed out all the rest, allowing you to digest the author's core message in a fraction of the time. It's easy to read the entire summary in a little over one hour without needing highly developed speed-reading superpowers! DISCLAIMER: We are convinced that our professional summaries will introduce more readers to the full book who otherwise would have turned a blind eye by the sheer commitment. Our intention is sincere in that readers could use this summary as an introduction or a companion to the original book, not as a substitute.




Moral Thinking, Fast and Slow


Book Description

This book presents a new theory of the philosophy and cognitive science of moral judgment. Hanno Sauer defends an account of 'triple-process' moral psychology, arguing that moral thinking and reasoning are insufficiently understood when described in terms of a twin-track quick but intuitive and slow but rational type of cognition.




Economic Dignity


Book Description

“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.




Enlightenment Now


Book Description

INSTANT NEW YORK TIMES BESTSELLER A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR "My new favorite book of all time." --Bill Gates If you think the world is coming to an end, think again: people are living longer, healthier, freer, and happier lives, and while our problems are formidable, the solutions lie in the Enlightenment ideal of using reason and science. By the author of the new book, Rationality. Is the world really falling apart? Is the ideal of progress obsolete? In this elegant assessment of the human condition in the third millennium, cognitive scientist and public intellectual Steven Pinker urges us to step back from the gory headlines and prophecies of doom, which play to our psychological biases. Instead, follow the data: In seventy-five jaw-dropping graphs, Pinker shows that life, health, prosperity, safety, peace, knowledge, and happiness are on the rise, not just in the West, but worldwide. This progress is not the result of some cosmic force. It is a gift of the Enlightenment: the conviction that reason and science can enhance human flourishing. Far from being a naïve hope, the Enlightenment, we now know, has worked. But more than ever, it needs a vigorous defense. The Enlightenment project swims against currents of human nature--tribalism, authoritarianism, demonization, magical thinking--which demagogues are all too willing to exploit. Many commentators, committed to political, religious, or romantic ideologies, fight a rearguard action against it. The result is a corrosive fatalism and a willingness to wreck the precious institutions of liberal democracy and global cooperation. With intellectual depth and literary flair, Enlightenment Now makes the case for reason, science, and humanism: the ideals we need to confront our problems and continue our progress.




Why Are All the Black Kids Sitting Together in the Cafeteria?


Book Description

The classic, New York Times-bestselling book on the psychology of racism that shows us how to talk about race in America. Walk into any racially mixed high school and you will see Black, White, and Latino youth clustered in their own groups. Is this self-segregation a problem to address or a coping strategy? How can we get past our reluctance to discuss racial issues? Beverly Daniel Tatum, a renowned authority on the psychology of racism, argues that straight talk about our racial identities is essential if we are serious about communicating across racial and ethnic divides and pursuing antiracism. These topics have only become more urgent as the national conversation about race is increasingly acrimonious. This fully revised edition is essential reading for anyone seeking to understand dynamics of race and racial inequality in America.