The unabridged, downloadable audiobook edition of Thinking, Fast and Slow, Daniel Kahneman's pioneering work that tackles questions of intuition and rationality. Read by the actor Patrick Egan.
Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology challenging the rational model of judgment and decision making, is one of the world's most important thinkers. His ideas have had a profound impact on many fields - including business, medicine, and politics - but until now, he has never brought together his many years of research in one book.
In Thinking, Fast and Slow, Kahneman takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think and make choices. One system is fast, intuitive, and emotional; the other is slower, more deliberative, and more logical. Kahneman exposes the extraordinary capabilities-and also the faults and biases-of fast thinking, and reveals the pervasive influence of intuitive impressions on our thoughts and behaviour. The importance of properly framing risks, the effects of cognitive biases on how we view others, the dangers of prediction, the right ways to develop skills, the pros and cons of fear and optimism, the difference between our experience and memory of events, the real components of happiness-each of these can be understood only by knowing how the two systems work together to shape our judgments and decisions.
Drawing on a lifetime's experimental experience, 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 professional and our personal lives-and how we can use different techniques to guard against the mental glitches that often get us into trouble. Thinking, Fast and Slow will transform the way you take decisions and experience the world.
©2011 Daniel Kahneman (P)2011 Penguin Books Limited
"There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Daniel Kahneman's Thinking, Fast and Slow. Kahneman, a winner of the Nobel Prize for economics, distils a lifetime of research into an encyclopedic coverage of both the surprising miracles and the equally surprising mistakes of our conscious and unconscious thinking. He achieves an even greater miracle by weaving his insights into an engaging narrative that is compulsively readable from beginning to end. My main problem in doing this review was preventing family members and friends from stealing my copy of the book to read it for themselves... this is one of the greatest and most engaging collections of insights into the human mind I have read." (William Easterly, Financial Times)
"Absorbing, intriguing...By making us aware of our minds' tricks, Kahneman hopes to inspire individuals and organisations to identify strategies to outwit them" (Jenni Russell, Sunday Times)
"Profound ... As Copernicus removed the Earth from the centre of the universe and Darwin knocked humans off their biological perch, Mr. Kahneman has shown that we are not the paragons of reason we assume ourselves to be." (The Economist)
"Difficult but Insightful"
I will definitely listen to this again because I found some parts difficult to understand and I believe a second listen would help me get to grips with them.
The 'econs' because some people I know would perceive themselves as entirely logical beings and it helps highlight the fact that realistically our brains struggle to work in that way.
His voice is well suited to giving lectures because it sounds intelligent and coherent.
I disagree with other reviews that criticise his voice as boring because I think it is more the difficult aspects of the book that make it appear boring.
One day when I'm a Granddad and telling stories to my grand-children, I would like a voice like Patrick Egan's.
There were some bits that were very interesting and left me thirsty for more information but equally there were other bits that were hard to digest and I felt like I needed a break, if anything just to analyse the information in my own head and let it sink in.
Although I think the content is good, I think it has been miss-sold as an audio book because for me the statistical problems are hard to digest if they are being spoken to you in real time, whereas in a paper book you can pause on a problem and let your brain comprehend it which is how I believe this book was designed.
There were also a lot of references to the PDF, which in a paper book would just be illustrations. It defies the point of an audio book if you have to read a PDF!
"Best Book I've read ....heard in years"
Absorbingly articulate and infinitely intelligent...Nobel Prize winner Daniel Kahneman postulates a brain governed by two conflicting decision-making processes.
System 1: unconscious system, which makes intuitive flick judgments based on emotion, memory, and hard-wired rules of thumb &
System 2: Conscious System, arduously checks the facts, does the calculations, but tends to be lazy and easily distractible that it usually defers to System 1.
The books chapters are very very well researched and are written in a style that's really easy to read/good to ears.... a very rare combination...Highly recommended.
I am always on the lookout for ways to improve my scientific thinking. That’s why I have an interest in the areas of sociology concerned with decision making in groups and how the individual is influenced by this. And this is also why I have an interest in cognitive biases - intuitive judgments that we make without even noticing; judgments which are just fine most of the time but can be scientifically fallacious. Daniel Kahneman’s book “Thinking, fast and slow” is an excellent introduction to the topic.
Its an interesting read but in places leaves you scratching your head. There are a number of mind puzzles, that simply do not work. I understand the System 1 and System 2 dynamics of understanding things, but the puzzles presented were not great, to say the least.
One which the author continually uses as an example is a bat and ball pricing puzzle. I've asked this puzzle to about 10 people including my 16 year old daughter. Not one person got this wrong, 8 got it right within 2-3 seconds, 2 deferred to answer thinking I was tricking them. Yes - I know mine are not controlled experiments, but I think the text states most people get this wrong, and only 80% of Harvard graduates get it right. hmmmm.
Then, (I wont ruin this) he strings two words together designed to make you you sweat, feel ill and seriously want to cringe, with the same reaction that you get scratching a chalkboard. I won't tell you the words but for me it did nothing. I think if you have kids and tease them like I do, then I use words much worse to tell them what they have for lunch, In fact the two words for me was tame ! I can give him much worse I assure you.
I think a lot of this is written from an American perspective. We have a TV show in the UK called QI, which basically sums up his System1 and System 2 in one episode.
Q> How Many Wifes did Henry VIII have ?
System 1 is Alan Davies saying 6 wifes (followed by a big alarm bell)
System 2 is Stephen Fry explaining he had 2 wifes contrary to popular belief
The show is full of classics like this where the public believe something which is blatantly false which is disproved, like not eating closed mussels. (in fact they are the best ones, not the worst).
Going back to the book, another amazing admission is that the author claims to have go his statistical sampling wrong. Although this is great to hear, and the whole explanation really fascinated me, I then thought, what about his results before this revelation. He never mentions if the core of the work, basically in his early years was then rewritten or accepted with error.
So, in summary, its a fascinating read, but to me there is no science here. Its common sense and the results are dubious based on the statistical errors admitted to.
"Wow, what a fascinating book, and totally see my 2 "systems" at play (remembering self wise anyway)"
Really complex subject, and it is covered in great depth here and at a sensible level, although I'm sure it only scratches the surface of behavioural economics and cognitive ease. Would recommend for any who is interested in psychology, statistics or economics - especially the intersection- DK is also a super interesting guy and his insights and approach are truly inspirational. Got s bit bored of the narrator's voice after 20 hours but don't be put off! Well Worth it
"Interesting but sometimes overwhelming"
The books is quite good and interesting. Full of useful insights but sometimes could stress too much on data and on some detailed analysis. Most of the time can be enjoyed as almost a casual reading but I found you'll need to pay a lot of attention to it if you want to get the most of it.
In some ways much of the research in this book is not surprising but the detail makes it utterly compelling, and the personality of the author shines through in this book too.
"This is a must read"
Could not bring out any specific group of people this book is a must read. It is essential for living and helping others to live happy and productive life.
Worth every penny.
"Food for Thought! "
This book is a modern classic, it will definitely change your mind! I loved it!
Excellent description of how the mind processes information and the factors that affect the decision making process. A must read!
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