Books
Thinking, Fast and Slow by Daniel Kahneman
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.
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As others have noted, this book is dense in places, but is tremendously important for decision making from the individual up through public policy. Even if you don't have the patience for all the chapters don't neglect the intro and conclusion. The TL;DR doesn't suffice but.
1) human beings are not pure rational agents, but rather complex interplay of automatic and thoughtful reasoning both of which can be right or wrong
2) maximizing happiness requires recognition of when we are in a cognitive minefield so that we can marshal the appropriate evidence and response
3) maximizing happiness is not even straightforward; it is the complex interplay between experienced and remembered happiness.
This book is in my top 10 most influential of my life; highly recommended especially in tandem with Haidt's "Righteous Mind"; these two highly complementary books form a multidimensional mirror for the human condition. Only by seeing ourselves as we *are* can we go about the business of governing ourselves and our world