Ben Waber reviewed Thinking, fast and slow by Daniel Kahneman
An Excellent Review of Behavioral Economics
4 stars
This is like reading a book written by a wise grandparent - there's lots of knowledge and wisdom, occasional racist/classist statements, and long diatribes about since-refuted research. The system 1 and system 2 framing is extremely unconvincing since 1) as Kahneman notes, it doesn't actually exist and 2) a continuum model based on conscious cognitive effort is far more parsimonious. That being said, this is still an excellent grand tour of behavioral economics research. Highly recommend
This is like reading a book written by a wise grandparent - there's lots of knowledge and wisdom, occasional racist/classist statements, and long diatribes about since-refuted research. The system 1 and system 2 framing is extremely unconvincing since 1) as Kahneman notes, it doesn't actually exist and 2) a continuum model based on conscious cognitive effort is far more parsimonious. That being said, this is still an excellent grand tour of behavioral economics research. Highly recommend
