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gabiiprc's review against another edition
5.0
I'd already looked into behavioral economics before thanks to a course I took in college, however, this gave me a much deeper look into how and why the discipline is so fundamental today. Not to mention, the fact that it is written by a self-proclaimed lazy person made me rethink about how our priorities work out, as well as how I want to look at economics and how I make decisions.
Thaler teaches us that rational models are useful, but we must remember that they deal with econs and we live in a world of humans, we should always nudge for good and pay attention to the world around us, collecting data and speaking louder. All through a light, memorable and attention grasping prose (save for the finance part).
Recommended for anyone interested in economics and new ways to think about finance and public policy, as well as decision making
Thaler teaches us that rational models are useful, but we must remember that they deal with econs and we live in a world of humans, we should always nudge for good and pay attention to the world around us, collecting data and speaking louder. All through a light, memorable and attention grasping prose (save for the finance part).
Recommended for anyone interested in economics and new ways to think about finance and public policy, as well as decision making
marlenedah's review against another edition
challenging
informative
reflective
slow-paced
2.5
The book is worth reading but Stories are interesting but way too long and detailed. I assume most people reading it would be quite familiar with his behavioral theories, so no need to repeat them in such meticulous detail.
hxvphaestion's review against another edition
4.0
A good romp through the field of behavioural economics alongside one of its founding fathers. Explores some ideas not mentioned in other mass-market econ books, though the last few chapters are a little repetitive if you've already read Thaler's [b:Nudge: Improving Decisions About Health, Wealth, and Happiness|3450744|Nudge Improving Decisions About Health, Wealth, and Happiness|Richard H. Thaler|https://i.gr-assets.com/images/S/compressed.photo.goodreads.com/books/1348322381l/3450744._SY75_.jpg|2535409].
mato_szabo's review against another edition
4.0
Very entertaining and rigorous at the same time. Listened to an audiobook so to get most out of this book I def need (and recommend) to read a written copy as well.
jhgraber's review against another edition
5.0
Entertaining and informative. The ideas within are applicable well beyond the scope of economics.
cgn's review against another edition
I'd recommend this for people in upper-level economics classes, and maybe just the first and last chapter for everyone else. I wasn't the target audience, so a lot of this book wasn't interesting to me, and it certainly wasn't as easy to recall in day-to-day conversation as Algorithms to Live By (a random other non-fiction I read recently), but I'm still happy I read it despite the 15hr reading time.
aacharya's review against another edition
5.0
Great book. Part memoir, part lay explanation of behavioral economics. Thaler is an engaging and entertaining writer, and somehow manages to make what could be very dry subject matter into a page turner. If you liked "Thinking, Fast and Slow," you'll like this.
oisin175's review against another edition
4.0
This is a very interesting book while at the same time being generally unsurprising. The most surprising part of the book is how much push back there is in the academic econ community to studying actual humans rather than the mythical homo economicus. The book is written in an engaging way so that those of us without a significant background in econ can still understand the vast majority of the subject matter. The emphasis on behavioral science is something that is long overdue.
miseamhain's review against another edition
4.0
Half economics book. Half insight into the world of academia.
the author does a good job of laying out some examples of behavioural economics but the main thing I took from this was the story of an arduous challenge associated with shifting orthodox thinking amongst academia.
the author does a good job of laying out some examples of behavioural economics but the main thing I took from this was the story of an arduous challenge associated with shifting orthodox thinking amongst academia.
ali_str's review against another edition
3.0
Good prelude on how the field have been initiated and some fun back stories for books that I've read (mainly Nudge and Thinking Fast and Slow)