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Thinking, Fast and Slow [Kindle Edition]

Daniel Kahneman
4.4 out of 5 stars  See all reviews (1,319 customer reviews)

Print List Price: $16.00
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Book Description

Major New York Times bestseller
Winner of the National Academy of Sciences Best Book Award in 2012
Selected by the New York Times Book Review as one of the best books of 2011
A Globe and Mail Best Books of the Year 2011 Title
One of The Economist’s 2011 Books of the Year
One of The Wall Street Journal's Best Nonfiction Books of the Year 2011
2013 Presidential Medal of Freedom Recipient

In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned 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. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

 




Editorial Reviews

Amazon.com Review

Amazon Best Books of the Month, November 2011: Drawing on decades of research in psychology that resulted in a Nobel Prize in Economic Sciences, Daniel Kahneman takes readers on an exploration of what influences thought example by example, sometimes with unlikely word pairs like "vomit and banana." System 1 and System 2, the fast and slow types of thinking, become characters that illustrate the psychology behind things we think we understand but really don't, such as intuition. Kahneman's transparent and careful treatment of his subject has the potential to change how we think, not just about thinking, but about how we live our lives. Thinking, Fast and Slow gives deep--and sometimes frightening--insight about what goes on inside our heads: the psychological basis for reactions, judgments, recognition, choices, conclusions, and much more.  --JoVon Sotak

Review

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 [Thinking, Fast and Slow] is wonderful, of course. To anyone with the slightest interest in the workings of his own mind, it is so rich and fascinating that any summary would seem absurd -- Michael Lewis Vanity Fair It is an astonishingly rich book: lucid, profound, full of intellectual surprises and self-help value. It is consistently entertaining and frequently touching, especially when Kahneman is recounting his collaboration with Tversky ... So impressive is its vision of flawed human reason that the New York Times columnist David Brooks recently declared that Kahneman and Tversky's work 'will be remembered hundreds of years from now,' and that it is 'a crucial pivot point in the way we see ourselves.' They are, Brooks said, 'like the Lewis and Clark of the mind' ... By the time I got to the end of Thinking, Fast and Slow, my skeptical frown had long since given way to a grin of intellectual satisfaction. Appraising the book by the peak-end rule, I overconfidently urge everyone to buy and read it. But for those who are merely interested in Kahenman's takeaway on the Malcolm Gladwell question it is this: If you've had 10,000 hours of training in a predictable, rapid-feedback environment-chess, firefighting, anesthesiology-then blink. In all other cases, think The New York Times Book Review [Kahneman's] disarmingly simple experiments have profoundly changed the way that we think about thinking ... We like to see ourselves as a Promethean species, uniquely endowed with the gift of reason. But Mr. Kahneman's simple experiments reveal a very different mind, stuffed full of habits that, in most situations, lead us astray -- Jonah Lehrer The Wall Street Journal This is a landmark book in social thought, in the same league as The Wealth of Nations by Adam Smith and The Interpretation of Dreams by Sigmund Freud -- Nassim Nicholas Taleb, Author Of 'the Black Swan' Daniel Kahneman is among the most influential psychologists in history and certainly the most important psychologist alive today...The appearance of Thinking, Fast and Slow is a major event -- Steven Pinker, Author Of The Language Instinct Daniel Kahneman is one of the most original and interesting thinkers of our time. There may be no other person on the planet who better understands how and why we make the choices we make. In this absolutely amazing book, he shares a lifetime's worth of wisdom presented in a manner that is simple and engaging, but nonetheless stunningly profound. This book is a must read for anyone with a curious mind -- Steven D. Levitt, Co-Author Of 'freakonomics' This book is a tour de force by an intellectual giant; it is readable, wise, and deep. Buy it fast. Read it slowly and repeatedly. It will change the way you think, on the job, about the world, and in your own life -- Richard Thaler, Co-Author Of 'nudge' [A] tour de force of psychological insight, research explication and compelling narrative that brings together in one volume the high points of Mr. Kahneman's notable contributions, over five decades, to the study of human judgment, decision-making and choice ... Thanks to the elegance and force of his ideas, and the robustness of the evidence he offers for them, he has helped us to a new understanding of our divided minds-and our whole selves -- Christoper F. Chabris The Wall Street Journal Thinking, Fast and Slow is a masterpiece - a brilliant and engaging intellectual saga by one of the greatest psychologists and deepest thinkers of our time. Kahneman should be parking a Pulitzer next to his Nobel Prize -- Daniel Gilbert, Professor Of Psychology, Harvard University, Author Of 'stumbling On Happiness', Host Of The Award-Winning Pbs Television Series 'this Emotional Life' A major intellectual event ... The work of Kahneman and Tversky was a crucial pivot point in the way we see ourselves -- David Brooks The New York Times Kahneman provides a detailed, yet accessible, description of the psychological mechanisms involved in making decisions -- Jacek Debiec Nature This book is one of the few that must be counted as mandatory reading for anyone interested in the Internet, even though it doesn't claim to be about that. Before computer networking got cheap and ubiquitous, the sheer inefficiency of communication dampened the effects of the quirks of human psychology on macro scale events. No more. We must now confront how we really are in order to make sense of our world and not screw it up. Daniel Kahneman has discovered a path to make it possible -- Jaron Lanier, Author Of You Are Not A Gadget For anyone interested in economics, cognitive science, psychology, and, in short, human behavior, this is the book of the year. Before Malcolm Gladwell and Freakonomics, there was Daniel Kahneman who invented the field of behavior economics, won a Nobel...and now explains how we think and make choices. Here's an easy choice: read this The Daily Beast I will never think about thinking quite the same. [Thinking, Fast and Slow] is a monumental achievement -- Roger Lowenstein Bloomberg/Businessweek A terrific unpicking of human rationality and irrationality - could hardly have been published at a better moment. Kahnemann is the godfather of behavioural economics, and this distillation of a lifetime's thinking about why we make bad decisions - about everything from money to love - is full of brilliant anecdote and wisdom. It is Kahnemann's belief that anyone who thinks they know exactly what is going on hasn't understood the question; as such it's the perfect gift for opinionated family members everywhere. -- Tim Adams Observer Books of the Year The book I most want to be given is Thinking, Fast and Slow by Daniel Kahneman. I'm a speedy thinker myself, so am hoping to be endorsed in that practice. -- Sally Vickers Observer Books of the Year In this comprehensive presentation of a life's work, the world's most influential psychologist demonstrates that irrationality is in our bones, and we are not necessarily the worse for it -- 10 Best Books Of 2011 New York Times Selected by the New York Times as one of the 100 Notable Books of 2011 New York Times

Product Details

  • File Size: 1138 KB
  • Print Length: 511 pages
  • Publisher: Farrar, Straus and Giroux; Reprint edition (October 25, 2011)
  • Sold by: Macmillan
  • Language: English
  • ASIN: B00555X8OA
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #459 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
316 of 329 people found the following review helpful
Format:Hardcover|Verified Purchase
When you come late to the party, writing the 160th review, you have a certain freedom to write something as much for your own use as for other readers, confident that the review will be at the bottom of the pile.

Kahneman's thesis is that the human animal is systematically illogical. Not only do we mis-assess situations, but we do so following fairly predictable patterns. Moreover, those patterns are grounded in our primate ancestry.

The first observation, giving the title to the book, is that eons of natural selection gave us the ability to make a fast reaction to a novel situation. Survival depended on it. So, if we hear an unnatural noise in the bushes, our tendency is to run. Thinking slow, applying human logic, we might reflect that it is probably Johnny coming back from the Girl Scout camp across the river bringing cookies, and that running might not be the best idea. However, fast thinking is hardwired.

The first part of the book is dedicated to a description of the two systems, the fast and slow system. Kahneman introduces them in his first chapter as system one and system two.

Chapter 2 talks about the human energy budget. Thinking is metabolically expensive; 20 percent of our energy intake goes to the brain. Moreover, despite what your teenager tells you, dedicating energy to thinking about one thing means that energy is not available for other things. Since slow thinking is expensive, the body is programmed to avoid it.

Chapter 3 expands on this notion of the lazy controller. We don't invoke our slow thinking, system two machinery unless it is needed. It is expensive. As an example, try multiplying two two-digit numbers in your head while you are running. You will inevitably slow down.
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883 of 931 people found the following review helpful
Format:Hardcover|Verified Purchase
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?
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76 of 76 people found the following review helpful
4.0 out of 5 stars All you need is to control your brain October 30, 2014
By Aaron
Format:Kindle Edition
I was eager to unveil the mental happening and processing of human brains, which makes a clear distinction between the intellectual brain activities and the routine processing. I searched for around dozens of writings, when one day I had the chance to read the book "Thinking Fast and Slow" and it seemed to be the ultimate answers to all my questions. The author has depicted an insight into the mental capabilities of human brains, in a highly expressive and narrative tone. The style of writing and the mode of explanation for complex brain functions are so catchy and explanatory, that it induces the reader to read more and more. The author has diligently explained the hallmarks of effective thinking which lead to rational decision making. Side by side the basis of inaccurate decision makings, due to mental inabilities is clearly diagnosed in this book.

Greatly impressed and involved in mental models, after reading this book, I kept on studying more on the topic and came across another masterpiece which I must recommend to all my readers. I read the book Maximizing Brain Control : Unleash The Genius In You. The book explains the brain power and the miracles owed to its effective management. The writer has used a simple and explicit vocabulary to make the reader understand the brain functions and different control systems for optimizing these functions. I got an enriched body of knowledge related to mind power, to make my performance better in the academic and professional field.

After going through the two well versed books, I felt dramatic results in almost all fields of my life, because the books acted as a useful guide to make my decisions more rational.
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Most Recent Customer Reviews
3.0 out of 5 stars I love the book but didn't have time to finish reading ...
I love the book but didn't have time to finish reading it. Figured I'd get the audiobook to listen to while driving. The reader however puts me to sleep :(
Published 11 hours ago by phsu
5.0 out of 5 stars Insightful thinking about thinking
How rarely can we "look under the hood" at the machine we use most often. Appreciate the insights. It's a long read but definitely worth the investment.
Published 1 day ago by Ruth G.
5.0 out of 5 stars Truly great.
It's not an easy read, but really worth it.
Published 2 days ago by Franciszek Żak
4.0 out of 5 stars A lovely riddle for the average reader
I don't think Daniel Kahneman would grant me any compliments if I rated "Thinking, Fast and Slow" a perfect score. Read more
Published 2 days ago by himsenior
5.0 out of 5 stars Psych meets Econ at the next level!
Can't really add to the effusive reviews at this point. I just ecommend you read it and gain incredible insight and understanding of how our minds we actually work (or don't... Read more
Published 2 days ago by Peter Corrigan
5.0 out of 5 stars Five Stars
Very Interesting and thoughtfully written.
Published 2 days ago by Faith
5.0 out of 5 stars Great
Great
Published 3 days ago by LP
5.0 out of 5 stars Five Stars
Great book. Loved it.
Published 3 days ago by Elise
5.0 out of 5 stars Five Stars
Another College item. I believe she is reading it as we speak AND enjoying it!
Published 4 days ago by Lynne Kumar
5.0 out of 5 stars Startling truths about the vulnerability of human minds.
This is one of the densest and most rewarding book I’ve ever read. It took me over two years to finish and I savored every moment I spent on it. Read more
Published 4 days ago by Rashid Osmani
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