Regular price: £10.59
Buy Now with 1 Credit
Buy Now for £10.59
This is a really important book and should be, given its content, very engaging but it was ruined by awful, robotic reading. Hugely disappointing. This was my first book on here and if the others are read this badly then I'm not sure I will stay that long.
2 of 2 people found this review helpful
The narrator is dry dull and robotic.. Making it hard to listen, learn and enjoy. Such a disappointment.
What disappointed you about Nudge?
I couldn't get through more than 10 minutes of this. I'd suggest a different narrator potentially. This one sounded a lot like an automated reading program/robot voice.I've consumed a few audiobooks, and I listen to a lot of podcasts regularly. This was the most difficult narration to listen to I've encountered.
13 of 13 people found this review helpful
I had the pleasure of being in the very first class Richard Thaler ever taught on Behavioral Decision Theory -- the topic that would make his career and would form the foundation for the novel ideas in "Nudge." I've been a junkie on this this topic ever since. It's a delight to see how Thaler has advanced knowledge in this field.
In this era of political polarity in the US, this is a most important book. Thaler presents proposals here that potentially both hard-core conservatives and liberals could both agree would be an improvement over the status quo. These days, that's almost impossible. Every member of Congress should read this book.
The central idea is what Thaler calls "libertarian paternalism." The idea slices through the dichotomy that individuals know best for themselves and that government knows best by establishing systems where individual freedom is not curtailed (a downside of the liberal agenda) but which direct people to better choices (a failure of the conservative agenda).
The ideas presented in Nudge are novel, and they are supported by substantial research in how people make decisions. This research show how mistaken traditional economic theory has been about how people make choices, and how employing a bit of psychology can make outcomes better for all.
The concepts in Nudge have implications beyond government.They apply to business and other areas, too. I sent my company's CFO a copy when he couldn't believe our employee's behavior about our 401k plan. Nudge has a section on how Ph.d. economists make bad 401k decisions. Our employees were the same.
If you're interested in improving how people make decisions, this is a must read.
8 of 8 people found this review helpful