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Published in Turkey - Social interactions and entertainment - 0 - 19 Feb 21 23:40

Thinking, Fast and Slow

The writer of Thinking, Fast and Slow, Daniel Kahneman is a psychologist in the unusual position of having won the Nobel Prize for Economics, as he challenged the theory that our economic behaviour is based on rational decision-making. Thinking, Fast and Slow is summary of much of his research, presented in a very readable and accessible way.
The gist of the book is that we think in two different ways: there are the decisions we make quickly, based on instinct and emotion, and the decisions we make slowly, based on reason and logic. Kahneman’s insight appears when he points out all the different cognitive biases that arise not only from quick, emotional thinking, but also from the modes of thinking that we – mistakenly – believe are when we are working more rationally. It’s worth reading if you want not only to improve your general knowledge, but also your cognitive skills – and the intersection of psychology and economics that it represents is pretty fascinating, too.

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