(Free Full Audiobook) Thinking Fast and Slow By Daniel Kahneman
Daniel Kahneman has impressed millions over the years with his thoughts about economics and other psychological things. But never before the author has tried to write a book out of his ideas that are unique and mesmerizing at the same time.
People like Malcolm are a great fan of Daniel from the beginning and such fans have been talking about the same ideas in their books as well. According to the author there are two kinds of approach towards a decision and both have their pros and cons.
One way is the quick one like a reflex action. Where the decision is made without a second thought. And it does not mean that such decisions are incorrect. Decisions made at quick pace are taken with the help of old experiences in the mind. Example a police officer can guess about a crime situation better than an average man.
The second process is of slow thinking in which decisions are made after detailed investigations and thought processes. The author is in support of the slow thinking process because it is much rational in approach and is almost risk free all the time.
After talking about these two things Daniel starts talking like a true economist and tries to imply his idea on economic decisions. His work has influenced behavioral economics very much and surely the business world can benefit much from these ideas and the business people can use this technique of choosing in their personal life too.
Patrick Egan reads it like a book and no enthusiasm is portrayed. It was the correct way by the narrator because the listener only needed word clarity.
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