Book Review: Thinking, Fast and Slow by Daniel Kahneman

Synopsis

It can be hard for busy professionals to find the time to read the latest books. Stay up to date in a fraction of the time with this concise guide.Thinking, Fast and Slow, by the Nobel Prize-winning economist Daniel Kahneman, explores the fallacies that can impair human decision-making and the biases that may lead us to act in an irrational way. Kahneman posits that the human mind is governed by two systems of thought, which we lean on in different circumstances, and that our perception can be shaped by a host of outside influences. Thinking, Fast and Slow is an acclaimed international bestseller, with over one and a half million copies sold to date and glowing reviews from outlets including The Economist, The New York Times and The Wall Street Journal. Along with Amos Tversky, Kahneman has carried out pioneering work on human decision-making, and his collaboration with the Nobel Prize-winning economist Richard Thaler has played a key role in the development of the burgeoning field of behavioural economics.This book review and analysis is perfect for: • Students of psychology• Anyone who wants to understand how we really make decisions• Anyone with an interest in the principles behind human thought processesAbout 50MINUTES.COM|BOOK REVIEWThe Book Review series from the 50Minutes collection is aimed at anyone who is looking to learn from experts in their field without spending hours reading endless pages of information. Our reviews present a concise summary of the main points of each book, as well as providing context, different perspectives and concrete examples to illustrate the key concepts.