Radical Uncertainty
Decision-Making Beyond the Numbers
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Buy for $21.49
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
-
Narrated by:
-
Roger Davis
-
By:
-
John Kay
-
Mervyn King
About this listen
In a changing world, forecasts and numbers usually represent bogus quantification. Kay and King tell us how to think smarter.
Radical uncertainty changes the way we should think about decision-making. For over half a century economics has assumed that people behave rationally by optimizing among well-defined choices. Behavioral economics questioned how far people are rational, pointing to the cognitive biases that seem to describe actual behavior.
Radical Uncertainty is a bold, paradigm-shifting book that takes us past standard and behavioral economics, completely shifting our understanding of the role economics can play in decision-making. We can never have the information required to optimize. But the failure to come to terms with this reality has led us to build our largest financial organizations, develop major policy decisions, and create business structures on shifting sands - the false belief that the numbers provided by economic models give us the answer. They don't. The best managers in the public and private sectors rely on narratives, not numbers.
©2020 John Kay; Mervyn King (P)2019 Hachette Audio UKListeners also enjoyed...
-
The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
-
-
Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
-
The Price of Time
- The Real Story of Interest
- By: Edward Chancellor
- Narrated by: Luis Soto
- Length: 15 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
-
-
Big landscape in time and subjects; Austrian view
- By Philo on 08-29-22
-
The Delusions of Crowds
- Why People Go Mad in Groups
- By: William J. Bernstein
- Narrated by: Tom Parks
- Length: 17 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Inspired by Charles Mackay's 19th-century classic Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Bernstein engages with mass delusion with the same curiosity and passion, but armed with the latest scientific research that explains the biological, evolutionary, and psychosocial roots of human irrationality.
-
-
The Illusion of Delusions
- By Bill on 02-12-22
-
The Coming Wave
- Technology, Power, and the Twenty-First Century's Greatest Dilemma
- By: Mustafa Suleyman, Michael Bhaskar - contributor
- Narrated by: Mustafa Suleyman
- Length: 11 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
We are approaching a critical threshold in the history of our species. Everything is about to change. Soon you will live surrounded by AIs. They will organize your life, operate your business, and run core government services. You will live in a world of DNA printers and quantum computers, engineered pathogens and autonomous weapons, robot assistants and abundant energy. None of us are prepared.
-
-
Click bait
- By Buyer on 09-11-23
By: Mustafa Suleyman, and others
-
Fooled by Randomness
- The Hidden Role of Chance in Life and in the Markets
- By: Nassim Nicholas Taleb
- Narrated by: Sean Pratt
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.
-
-
Pass on this one and read The Black Swan
- By Wade T. Brooks on 06-25-12
-
Deming's Journey to Profound Knowledge
- How Deming Helped Win a War, Altered the Face of Industry, and Holds the Key to Our Future
- By: John Willis
- Narrated by: Josh Bloomberg
- Length: 9 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the birth of modern industry, to winning WWII, to Japan’s Economic Miracle, W. Edwards Deming helped shape some of the most profound moments in modern history. Deming, an American engineer and statistician, is widely recognized for his contributions to the field of quality management. But his teachings go beyond quality management; they influence not only how we work today, but also how we can continue to succeed into the future.
-
-
Potential lost due to poor editing
- By someone else on 06-11-24
By: John Willis
-
The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
-
-
Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
-
The Price of Time
- The Real Story of Interest
- By: Edward Chancellor
- Narrated by: Luis Soto
- Length: 15 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
-
-
Big landscape in time and subjects; Austrian view
- By Philo on 08-29-22
-
The Delusions of Crowds
- Why People Go Mad in Groups
- By: William J. Bernstein
- Narrated by: Tom Parks
- Length: 17 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Inspired by Charles Mackay's 19th-century classic Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Bernstein engages with mass delusion with the same curiosity and passion, but armed with the latest scientific research that explains the biological, evolutionary, and psychosocial roots of human irrationality.
-
-
The Illusion of Delusions
- By Bill on 02-12-22
-
The Coming Wave
- Technology, Power, and the Twenty-First Century's Greatest Dilemma
- By: Mustafa Suleyman, Michael Bhaskar - contributor
- Narrated by: Mustafa Suleyman
- Length: 11 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
We are approaching a critical threshold in the history of our species. Everything is about to change. Soon you will live surrounded by AIs. They will organize your life, operate your business, and run core government services. You will live in a world of DNA printers and quantum computers, engineered pathogens and autonomous weapons, robot assistants and abundant energy. None of us are prepared.
-
-
Click bait
- By Buyer on 09-11-23
By: Mustafa Suleyman, and others
-
Fooled by Randomness
- The Hidden Role of Chance in Life and in the Markets
- By: Nassim Nicholas Taleb
- Narrated by: Sean Pratt
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.
-
-
Pass on this one and read The Black Swan
- By Wade T. Brooks on 06-25-12
-
Deming's Journey to Profound Knowledge
- How Deming Helped Win a War, Altered the Face of Industry, and Holds the Key to Our Future
- By: John Willis
- Narrated by: Josh Bloomberg
- Length: 9 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the birth of modern industry, to winning WWII, to Japan’s Economic Miracle, W. Edwards Deming helped shape some of the most profound moments in modern history. Deming, an American engineer and statistician, is widely recognized for his contributions to the field of quality management. But his teachings go beyond quality management; they influence not only how we work today, but also how we can continue to succeed into the future.
-
-
Potential lost due to poor editing
- By someone else on 06-11-24
By: John Willis
-
Good Strategy/Bad Strategy
- The Difference and Why It Matters
- By: Richard Rumelt
- Narrated by: Sean Runnette
- Length: 11 hrs and 49 mins
- Unabridged
-
Overall
-
Performance
-
Story
Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to - and approach for - overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy”.
-
-
Good but thin
- By G. London on 01-04-20
By: Richard Rumelt
-
Wiring the Winning Organization
- By: Gene Kim, Steve Spear
- Narrated by: Alex Knox
- Length: 10 hrs and 52 mins
- Unabridged
-
Overall
-
Performance
-
Story
In their eagerly awaited book, Kim and Spear bring to light a new theory of high-achieving organizations. They examine how companies solve the most important problems better, faster, and easier than their competitors by quickly and regularly closing the gap between aspirations and real-world success. This book teaches companies that are struggling to perform how to achieve the continual greatness seen in the best of the best.
-
-
Powerful tools and a insights
- By Sean Brooks on 04-06-24
By: Gene Kim, and others
-
A Monetary and Fiscal History of the United States, 1961-2021
- By: Alan S. Blinder
- Narrated by: Todd McLaren
- Length: 15 hrs and 12 mins
- Unabridged
-
Overall
-
Performance
-
Story
Alan Blinder, one of the world's most influential economists and one of the field's best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insider's story of macroeconomic policy that hasn't been told before—one that is a pleasure to listen to, and as interesting as it is important.
-
-
Listen for Nixon's Sake
- By Tricia on 10-26-22
By: Alan S. Blinder
-
You're About to Make a Terrible Mistake!
- How Biases Distort Decision-Making-and What You Can Do to Fight Them
- By: Olivier Sibony
- Narrated by: Donald Corren
- Length: 8 hrs and 51 mins
- Unabridged
-
Overall
-
Performance
-
Story
A "brilliant, fun, and wise" (Cass R. Sunstein) tour of nine common business decision-making traps - and practical tools for avoiding them - from a professor of strategic thinking.
-
-
Just made my top ten biz books list
- By D. J. Schultz on 09-09-24
By: Olivier Sibony
-
The Misbehavior of Markets
- A Fractal View of Financial Turbulence
- By: Benoit Mandelbrot, Richard L. Hudson
- Narrated by: Jason Olazabal
- Length: 10 hrs and 6 mins
- Unabridged
-
Overall
-
Performance
-
Story
In his first book for a general audience, Mandelbrot, with co-author Richard L. Hudson, shows how the dominant way of thinking about the behavior of markets-a set of mathematical assumptions a century old and still learned by every MBA and financier in the world-simply does not work. As he did for the physical world in his classic The Fractal Geometry of Nature, Mandelbrot here uses fractal geometry to propose a new, more accurate way of describing market behavior.
-
-
Where are the PDF?
- By RD on 03-30-19
By: Benoit Mandelbrot, and others
-
Our Oriental Heritage
- The Story of Civilization, Volume 1
- By: Will Durant
- Narrated by: Robin Field
- Length: 50 hrs and 17 mins
- Unabridged
-
Overall
-
Performance
-
Story
The first volume of Will Durant's Pulitzer Prize-winning series, Our Oriental Heritage: The Story of Civilization, Volume I chronicles the early history of Egypt, the Middle East, and Asia.
-
-
Wonderful
- By Michael on 11-30-13
By: Will Durant
-
1177 B.C. (Revised and Updated)
- The Year Civilization Collapsed
- By: Eric H. Cline
- Narrated by: Eric H. Cline
- Length: 10 hrs and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook narrated by acclaimed archaeologist and best-selling author Eric Cline offers a breathtaking account of how the collapse of an ancient civilized world ushered in the first Dark Ages.
-
-
Look past the one-star reviews: this is an enlightening and engaging read.
- By Alonzo Nightjar on 03-07-22
By: Eric H. Cline
-
Optimal Illusions
- The False Promise of Optimization
- By: Coco Krumme
- Narrated by: Coco Krumme
- Length: 6 hrs and 30 mins
- Unabridged
-
Overall
-
Performance
-
Story
Optimization is the driving principle of our modern world. We now can manufacture, transport, and organize things more cheaply and faster than ever. Optimized models underlie everything from airline schedules to dating site matches. We strive for efficiency in our daily lives, obsessed with productivity and optimal performance. How did a mathematical concept take on such outsize cultural shape? And what is lost when efficiency is gained? Optimal Illusions traces the fascinating history of optimization from its roots in America’s founding principles to its modern manifestations.
-
-
Insightful and informative
- By Mike on 12-29-23
By: Coco Krumme
-
How Big Things Get Done
- The Surprising Factors That Determine the Fate of Every Project, from Home Renovations to Space Exploration and Everything in Between
- By: Bent Flyvbjerg, Dan Gardner
- Narrated by: Rob Shapiro
- Length: 7 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
Nothing is more inspiring than a big vision that becomes a triumphant, new reality. Think of how the Empire State Building went from a sketch to the jewel of New York's skyline in twenty-one months, or how Apple’s iPod went from a project with a single employee to a product launch in eleven months.
-
-
Great on Project Mgmt But Uninformed on Renewables
- By Richard Redano on 03-09-23
By: Bent Flyvbjerg, and others
-
Guns, Germs and Steel
- The Fate of Human Societies
- By: Jared Diamond
- Narrated by: Doug Ordunio
- Length: 16 hrs and 20 mins
- Unabridged
-
Overall
-
Performance
-
Story
Having done field work in New Guinea for more than 30 years, Jared Diamond presents the geographical and ecological factors that have shaped the modern world. From the viewpoint of an evolutionary biologist, he highlights the broadest movements both literal and conceptual on every continent since the Ice Age, and examines societal advances such as writing, religion, government, and technology.
-
-
Compelling pre-history and emergent history
- By Doug on 08-25-11
By: Jared Diamond
-
On Politics
- A History of Political Thought: From Herodotus to the Present
- By: Alan Ryan
- Narrated by: David Stifel
- Length: 46 hrs and 4 mins
- Unabridged
-
Overall
-
Performance
-
Story
Both a history and an examination of human thought and behavior spanning three thousand years, On Politics thrillingly traces the origins of political philosophy from the ancient Greeks to Machiavelli in Book I and from Hobbes to the present age in Book II. Whether examining Lord Acton's dictum that "absolute power corrupts absolutely" or explicating John Stuart Mill's contention that it is "better to be a human dissatisfied than a pig satisfied," Alan Ryan evokes the lives and minds of our greatest thinkers in a way that makes hearing about them a transcendent experience.
-
-
Simply no book quite like this
- By Jack Raineri on 12-21-22
By: Alan Ryan
-
Algorithms to Live By
- The Computer Science of Human Decisions
- By: Brian Christian, Tom Griffiths
- Narrated by: Brian Christian
- Length: 11 hrs and 50 mins
- Unabridged
-
Overall
-
Performance
-
Story
From finding a spouse to finding a parking spot, from organizing one's inbox to understanding the workings of human memory, Algorithms to Live By transforms the wisdom of computer science into strategies for human living.
-
-
Great listen, just don't expect tips!
- By Adam Hosman on 08-07-17
By: Brian Christian, and others
Related to this topic
-
More Than You Know
- Finding Financial Wisdom in Unconventional Places
- By: Michael J. Mauboussin
- Narrated by: Sean Runnette
- Length: 7 hrs and 27 mins
- Unabridged
-
Overall
-
Performance
-
Story
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management.
-
-
Liked it better when it was written by Taleb
- By Ian on 11-24-18
-
Forecast
- What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics
- By: Mark Buchanan
- Narrated by: Fleet Cooper
- Length: 10 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Picture an early scene from The Wizard of Oz: Dorothy hurries home as a tornado gathers in what was once a clear Kansas sky. Hurriedly, she seeks shelter in the storm cellar under the house, but, finding it locked, takes cover in her bedroom. We all know how that works out for her.Many investors these days are a bit like Dorothy, putting their faith in something as solid and trustworthy as a house (or, say, real estate). But market disruptions - storms - seem to arrive without warning, leaving us little time to react.
-
-
Good Contrarian Book
- By J. Sterz on 04-18-17
By: Mark Buchanan
-
The Money Formula
- Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
- By: Paul Wilmott, David Orrell
- Narrated by: Gavin Osborn
- Length: 8 hrs and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative point of view - this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
By: Paul Wilmott, and others
-
The Future of the Professions
- How Technology Will Transform the Work of Human Experts
- By: Richard Susskind, Daniel Susskind
- Narrated by: John Lee
- Length: 12 hrs and 39 mins
- Unabridged
-
Overall
-
Performance
-
Story
This book predicts the decline of today's professions and describes the people and systems that will replace them. In an Internet society, according to Richard Susskind and Daniel Susskind, we will neither need nor want doctors, teachers, accountants, architects, the clergy, consultants, lawyers, and many others to work as they did in the 20th century.
-
-
I Hope It's Not All True
- By John on 05-01-16
By: Richard Susskind, and others
-
Expert Political Judgment
- How Good is it? How can We Know?
- By: Philip E. Tetlock
- Narrated by: Anthony Haden Salerno
- Length: 9 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
The intelligence failures surrounding the invasion of Iraq dramatically illustrate the necessity of developing standards for evaluating expert opinion. This audiobook fills that need. Here, Philip E. Tetlock explores what constitutes good judgment in predicting future events, and looks at why experts are often wrong in their forecasts. Tetlock first discusses arguments about whether the world is too complex for people to find the tools to understand political phenomena, let alone predict the future.
-
-
Five-star book, one-star reading
- By Christian Tarsney on 01-23-19
-
The Great Mental Models
- General Thinking Concepts
- By: Shane Parrish
- Narrated by: Shane Parrish
- Length: 3 hrs and 23 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Great Mental Models: General Thinking Concepts is the first book in The Great Mental Models series designed to upgrade your thinking with the best, most useful and powerful tools so you always have the right one on hand. This volume details nine of the most versatile all-purpose mental models you can use right away to improve your decision making, your productivity, and how clearly you see the world.
-
-
A dissapointing debut
- By Peter on 04-14-19
By: Shane Parrish
-
More Than You Know
- Finding Financial Wisdom in Unconventional Places
- By: Michael J. Mauboussin
- Narrated by: Sean Runnette
- Length: 7 hrs and 27 mins
- Unabridged
-
Overall
-
Performance
-
Story
Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management.
-
-
Liked it better when it was written by Taleb
- By Ian on 11-24-18
-
Forecast
- What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics
- By: Mark Buchanan
- Narrated by: Fleet Cooper
- Length: 10 hrs
- Unabridged
-
Overall
-
Performance
-
Story
Picture an early scene from The Wizard of Oz: Dorothy hurries home as a tornado gathers in what was once a clear Kansas sky. Hurriedly, she seeks shelter in the storm cellar under the house, but, finding it locked, takes cover in her bedroom. We all know how that works out for her.Many investors these days are a bit like Dorothy, putting their faith in something as solid and trustworthy as a house (or, say, real estate). But market disruptions - storms - seem to arrive without warning, leaving us little time to react.
-
-
Good Contrarian Book
- By J. Sterz on 04-18-17
By: Mark Buchanan
-
The Money Formula
- Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
- By: Paul Wilmott, David Orrell
- Narrated by: Gavin Osborn
- Length: 8 hrs and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative point of view - this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
By: Paul Wilmott, and others
-
The Future of the Professions
- How Technology Will Transform the Work of Human Experts
- By: Richard Susskind, Daniel Susskind
- Narrated by: John Lee
- Length: 12 hrs and 39 mins
- Unabridged
-
Overall
-
Performance
-
Story
This book predicts the decline of today's professions and describes the people and systems that will replace them. In an Internet society, according to Richard Susskind and Daniel Susskind, we will neither need nor want doctors, teachers, accountants, architects, the clergy, consultants, lawyers, and many others to work as they did in the 20th century.
-
-
I Hope It's Not All True
- By John on 05-01-16
By: Richard Susskind, and others
-
Expert Political Judgment
- How Good is it? How can We Know?
- By: Philip E. Tetlock
- Narrated by: Anthony Haden Salerno
- Length: 9 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
The intelligence failures surrounding the invasion of Iraq dramatically illustrate the necessity of developing standards for evaluating expert opinion. This audiobook fills that need. Here, Philip E. Tetlock explores what constitutes good judgment in predicting future events, and looks at why experts are often wrong in their forecasts. Tetlock first discusses arguments about whether the world is too complex for people to find the tools to understand political phenomena, let alone predict the future.
-
-
Five-star book, one-star reading
- By Christian Tarsney on 01-23-19
-
The Great Mental Models
- General Thinking Concepts
- By: Shane Parrish
- Narrated by: Shane Parrish
- Length: 3 hrs and 23 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Great Mental Models: General Thinking Concepts is the first book in The Great Mental Models series designed to upgrade your thinking with the best, most useful and powerful tools so you always have the right one on hand. This volume details nine of the most versatile all-purpose mental models you can use right away to improve your decision making, your productivity, and how clearly you see the world.
-
-
A dissapointing debut
- By Peter on 04-14-19
By: Shane Parrish
-
Why Trust Science?
- The University Center for Human Values, Book 1
- By: Naomi Oreskes
- Narrated by: John Chancer, Kelly Burke, Kerry Shale, and others
- Length: 8 hrs and 27 mins
- Unabridged
-
Overall
-
Performance
-
Story
Do doctors really know what they are talking about when they tell us vaccines are safe? Should we take climate experts at their word when they warn us about the perils of global warming? Why should we trust science when our own politicians don't? In this landmark book, Naomi Oreskes offers a bold and compelling defense of science, revealing why the social character of scientific knowledge is its greatest strength - and the greatest reason we can trust it.
-
-
Perfect Production of an Excellent Work
- By Andrew Mazibrada on 01-15-20
By: Naomi Oreskes
-
Money
- The Unauthorized Biography
- By: Felix Martin
- Narrated by: Nicholas Guy Smith
- Length: 12 hrs and 37 mins
- Unabridged
-
Overall
-
Performance
-
Story
From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.
-
-
Difficult to imagine how it could be worse
- By J. M. Batista on 09-19-17
By: Felix Martin
-
Noise
- A Flaw in Human Judgment
- By: Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
- Narrated by: Jonathan Todd Ross
- Length: 13 hrs and 28 mins
- Unabridged
-
Overall
-
Performance
-
Story
From the best-selling author of Thinking, Fast and Slow, the co-author of Nudge, and the author of You Are About to Make a Terrible Mistake! comes Noise, a revolutionary exploration of why people make bad judgments, and how to control both noise and cognitive bias.
-
-
Disappointing
- By Z28 on 05-31-21
By: Daniel Kahneman, and others
-
Adam Smith
- Father of Economics
- By: Jesse Norman
- Narrated by: Jesse Norman
- Length: 13 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
A dazzlingly original account of the life and thought of Adam Smith, the greatest economist of all time. In Adam Smith, political philosopher Jesse Norman dispels the myths and caricatures, and provides a far more complex portrait of the man. Offering a highly engaging account of Smith's life and times, Norman explores his work as a whole and traces his influence over two centuries to the present day. Finally, he shows how a proper understanding of Smith can help us address the problems of modern capitalism.
-
-
Most excellent book!
- By Harish G. Naik on 03-02-19
By: Jesse Norman
-
Narrative Economics
- How Stories Go Viral and Drive Major Economic Events
- By: Robert J. Shiller
- Narrated by: Susan Osman, Robert J. Shiller - introduction
- Length: 11 hrs and 7 mins
- Unabridged
-
Overall
-
Performance
-
Story
Spread through the public in the form of popular stories, ideas can go viral and move markets - whether it's the belief that tech stocks can only go up or that housing prices never fall. Whether true or false, stories like these - transmitted by word of mouth, by the news media, and increasingly by social media - drive the economy by driving our decisions about how and where to invest, how much to spend and save, and more. But despite the obvious importance of such stories, most economists have paid little attention to them. Narrative Economics sets out to change that.
-
-
Such boring narration (returned)
- By William J Brown on 10-08-19
-
The Great Degeneration
- How Institutions Decay and Economies Die
- By: Niall Ferguson
- Narrated by: Paul Slack
- Length: 4 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.
-
-
Superb as always!
- By Ivanhoe on 08-28-17
By: Niall Ferguson
-
Economics for the Common Good
- By: Jean Tirole, Steven Rendell - translator
- Narrated by: Jonathan Davis
- Length: 18 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
-
-
A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
-
The Myth of the Rational Market
- A History of Risk, Reward, and Delusion on Wall Street
- By: Justin Fox
- Narrated by: Alan Sklar
- Length: 13 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.
-
-
Probably most interesting to economists
- By D. Martin on 06-29-12
By: Justin Fox
-
Adapt
- Why Success Always Starts with Failure
- By: Tim Harford
- Narrated by: Jonathan Keeble
- Length: 9 hrs and 53 mins
- Unabridged
-
Overall
-
Performance
-
Story
In this groundbreaking work, Tim Harford shows us a new and inspiring approach to solving the most pressing problems in our lives. Harford argues that today’s challenges simply cannot be tackled with ready-made solutions and expert opinions; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with compelling stories of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial-and-error....
-
-
Hidden Agenda
- By Lawrence on 05-20-13
By: Tim Harford
-
Average is Over
- Powering America Beyond the Age of the Great Stagnation
- By: Tyler Cowen
- Narrated by: Andrew Garman
- Length: 8 hrs and 42 mins
- Unabridged
-
Overall
-
Performance
-
Story
The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you're not at the top, you're at the bottom. The global labor market is changing radically thanks to growth at the high end and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we continue to mint them.
-
-
Disappointing analysis of future
- By JKBart on 12-10-13
By: Tyler Cowen
-
Charlie Munger
- The Complete Investor
- By: Tren Griffin
- Narrated by: Fred Stella
- Length: 6 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom" - a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management - allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment.
-
-
Good, but... one major annoyance
- By Joseph R. Compton on 02-26-16
By: Tren Griffin
-
The Halo Effect
- ...and the 8 Other Business Delusions That Deceive Managers
- By: Phil Rosenzweig
- Narrated by: Jim Manchester
- Length: 6 hrs and 57 mins
- Unabridged
-
Overall
-
Performance
-
Story
Much of our business thinking is shaped by delusions that distort our understanding of the real reasons for a company's performance. The most pervasive delusion is the Halo Effect. When a company's sales and profits are up, people often conclude that it has a brilliant strategy, a visionary leader, capable employees, and a superb corporate culture. When performance falters, they conclude the opposite. In fact, little may have changed.
-
-
slow start
- By michael on 01-03-10
By: Phil Rosenzweig
People who viewed this also viewed...
-
The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
-
-
Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
-
You're About to Make a Terrible Mistake!
- How Biases Distort Decision-Making-and What You Can Do to Fight Them
- By: Olivier Sibony
- Narrated by: Donald Corren
- Length: 8 hrs and 51 mins
- Unabridged
-
Overall
-
Performance
-
Story
A "brilliant, fun, and wise" (Cass R. Sunstein) tour of nine common business decision-making traps - and practical tools for avoiding them - from a professor of strategic thinking.
-
-
Just made my top ten biz books list
- By D. J. Schultz on 09-09-24
By: Olivier Sibony
-
Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
-
-
Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
-
The Laws of Trading
- A Trader's Guide to Better Decision-Making for Everyone
- By: Agustin Lebron
- Narrated by: Timothy Andrés Pabon
- Length: 11 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
All of our relationships and decisions involve trading at some level. This is a book about decision-making through the lens of a professional prop trader. For years, behavioral and cognitive scientists have shown us how human decision-making is flawed and biased. But how do you learn to avoid these problems in day-to-day decisions where you have to react in real-time? What are the important things to think about and to act on?
-
-
Not useful
- By Lonnie G. Hardy, Jr. on 09-16-19
By: Agustin Lebron
-
Cracked It!
- How to Solve Big Problems and Sell Solutions like Top Strategy Consultants
- By: Bernard Garrette, Corey Phelps, Olivier Sibony
- Narrated by: Daniel Henning
- Length: 10 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Cracked It!, seasoned strategy professors and consultants Bernard Garrette, Corey Phelps and Olivier Sibony present a rigorous and practical four-step approach to overcome these pitfalls. Building on tried-and-tested (but rarely revealed) methods of top strategy consultants, research in cognitive psychology, and the latest advances in design thinking, they provide a step-by-step process and toolkit that will help listeners tackle any challenging business problem. Using compelling stories and detailed case examples, the authors guide listeners through each step in the process.
-
-
It's was Text for my Harvard class
- By Vinay D. Cardwell on 12-19-20
By: Bernard Garrette, and others
-
Irrational Exuberance
- Revised and Expanded Third Edition
- By: Robert J. Shiller
- Narrated by: Mike Chamberlain
- Length: 13 hrs and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets - and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets.
-
-
Still Relevant After 21 Years
- By Tom on 06-08-21
-
The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
-
-
Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
-
You're About to Make a Terrible Mistake!
- How Biases Distort Decision-Making-and What You Can Do to Fight Them
- By: Olivier Sibony
- Narrated by: Donald Corren
- Length: 8 hrs and 51 mins
- Unabridged
-
Overall
-
Performance
-
Story
A "brilliant, fun, and wise" (Cass R. Sunstein) tour of nine common business decision-making traps - and practical tools for avoiding them - from a professor of strategic thinking.
-
-
Just made my top ten biz books list
- By D. J. Schultz on 09-09-24
By: Olivier Sibony
-
Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
-
-
Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
-
The Laws of Trading
- A Trader's Guide to Better Decision-Making for Everyone
- By: Agustin Lebron
- Narrated by: Timothy Andrés Pabon
- Length: 11 hrs and 18 mins
- Unabridged
-
Overall
-
Performance
-
Story
All of our relationships and decisions involve trading at some level. This is a book about decision-making through the lens of a professional prop trader. For years, behavioral and cognitive scientists have shown us how human decision-making is flawed and biased. But how do you learn to avoid these problems in day-to-day decisions where you have to react in real-time? What are the important things to think about and to act on?
-
-
Not useful
- By Lonnie G. Hardy, Jr. on 09-16-19
By: Agustin Lebron
-
Cracked It!
- How to Solve Big Problems and Sell Solutions like Top Strategy Consultants
- By: Bernard Garrette, Corey Phelps, Olivier Sibony
- Narrated by: Daniel Henning
- Length: 10 hrs and 38 mins
- Unabridged
-
Overall
-
Performance
-
Story
In Cracked It!, seasoned strategy professors and consultants Bernard Garrette, Corey Phelps and Olivier Sibony present a rigorous and practical four-step approach to overcome these pitfalls. Building on tried-and-tested (but rarely revealed) methods of top strategy consultants, research in cognitive psychology, and the latest advances in design thinking, they provide a step-by-step process and toolkit that will help listeners tackle any challenging business problem. Using compelling stories and detailed case examples, the authors guide listeners through each step in the process.
-
-
It's was Text for my Harvard class
- By Vinay D. Cardwell on 12-19-20
By: Bernard Garrette, and others
-
Irrational Exuberance
- Revised and Expanded Third Edition
- By: Robert J. Shiller
- Narrated by: Mike Chamberlain
- Length: 13 hrs and 47 mins
- Unabridged
-
Overall
-
Performance
-
Story
With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets - and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets.
-
-
Still Relevant After 21 Years
- By Tom on 06-08-21
-
Facilitator’s Guide to Participatory Decision-Making, 3rd Edition
- By: Sam Kaner, Michael Doyle - foreword, Lenny Lind - contributor, and others
- Narrated by: Christopher Grove
- Length: 9 hrs and 46 mins
- Unabridged
-
Overall
-
Performance
-
Story
The third edition of this groundbreaking book continues to advance its mission to support groups to do their best thinking. It demonstrates that meetings can be much more than merely an occasion for solving a problem or creating a plan. Every well-facilitated meeting is also an opportunity to stretch and develop the perspectives of the individual members, thereby building the strength and capacity of the group as a whole.
By: Sam Kaner, and others
-
The Delusions of Crowds
- Why People Go Mad in Groups
- By: William J. Bernstein
- Narrated by: Tom Parks
- Length: 17 hrs and 19 mins
- Unabridged
-
Overall
-
Performance
-
Story
Inspired by Charles Mackay's 19th-century classic Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Bernstein engages with mass delusion with the same curiosity and passion, but armed with the latest scientific research that explains the biological, evolutionary, and psychosocial roots of human irrationality.
-
-
The Illusion of Delusions
- By Bill on 02-12-22
-
Manias, Panics, and Crashes (Seventh Edition)
- A History of Financial Crises
- By: Robert Z. Aliber, Charles P. Kindleberger
- Narrated by: Alister Austin
- Length: 19 hrs and 25 mins
- Unabridged
-
Overall
-
Performance
-
Story
Manias, Panics, and Crashes is a scholarly and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of an inherent instability in the international system.
-
-
Lack of theoretical underpinning
- By Dr. Terence M. Dwyer on 09-20-21
By: Robert Z. Aliber, and others
-
The Decision Book
- Fifty Models for Strategic Thinking (Fully Revised Edition)
- By: Mikael Krogerus, Roman Tschappeler, Jenny Piening
- Narrated by: Timothy Andrés Pabon
- Length: 1 hr and 45 mins
- Unabridged
-
Overall
-
Performance
-
Story
Whether you're a chronic second-guesser or just eager for new ways to look at your world, Mikael Krogerus and Roman Tschäppeler will teach you how to improve your understanding of the dilemmas you face and how to make better decisions every day. Taught in MBA courses and elsewhere, The Decision Book contains classics like the Swiss cheese model for reviewing mistakes and the personal performance model for testing whether or not to switch jobs. This revised edition includes a model for identifying cognitive biases and the expectation model to help you choose a life partner.
-
-
Buy the physical book
- By Preston on 09-21-18
By: Mikael Krogerus, and others
-
Poor Economics
- A Radical Rethinking of the Way to Fight Global Poverty
- By: Abhijit V. Banerjee, Esther Duflo
- Narrated by: Brian Holsopple
- Length: 11 hrs and 30 mins
- Unabridged
-
Overall
-
Performance
-
Story
Abhijit Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab, is being carried out in dozens of countries. Drawing on this and their 15 years of research from Chile to India, Kenya to Indonesia, they have identified wholly new aspects of the behavior of poor people, their needs, and the way that aid or financial investment can affect their lives. Their work defies certain presumptions: that microfinance is a cure-all, that schooling equals learning....
-
-
Excellent for non-economists
- By D. Martin on 07-01-12
By: Abhijit V. Banerjee, and others
-
Fooled by Randomness
- The Hidden Role of Chance in Life and in the Markets
- By: Nassim Nicholas Taleb
- Narrated by: Sean Pratt
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.
-
-
Pass on this one and read The Black Swan
- By Wade T. Brooks on 06-25-12
What listeners say about Radical Uncertainty
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- perpetual A
- 06-08-20
Provoking much food for thought
Great insight into oneself ... it certainly makes you think about what you think you know ... and what reality is .... my joke about the author is I don’t like him because he’s an economist ....I don’t like him because he speaks English ... if one were to lay all the economist head to toe a ring around the world would be former...but they would never reach a decision..... book gets very draggy at times and I did pick up the speed at which it was narrated
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Forbes
- 11-04-20
A great read
The book is filled with interesting anecdotes and histories. The narrator’s dry delivery is perfect for the humorous economic inconsistencies that fill the pages.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
2 people found this helpful
-
Overall
-
Performance
-
Story
- Zeno
- 06-24-21
Thorough Treatment of Essential Concepts
A great addition and complement for those who enjoyed Peter Bernstein's Against the Gods, and Nassim Taleb's Black Swan and Fooled by Randomness, The book covers key concepts in decision science, probability, and game theory by using interesting and easy to grasp examples. Even if you are familiar with some, most, or all of the content, much tends to be slippery and unintuitive; (e.g. The Monty Hall problem, which is given an excellent treatment here). The more I hear these concepts, the better I am reminded to avoid common and easy to make financial mistakes in the future.
As for the narration, Roger Davis did an excellent job with both pronunciation and presentation. So often great books are marred by bad narrators, which happily is not the case here. Mr. Davis enhanced the material, which I had already read in print form. Too bad he didn't narrate Time of the Magicians, and Kindred; two excellent books that terrible narrators ruined in audio format.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- H2O_Doc
- 12-09-20
Outstanding and broadly applicable
Very well done and widely applicable to many disciplines and life in general. Well read, too, for those of you who focus too much on the speaker.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Stevtar
- 04-06-23
Best resurrection since Lazarus
Kudos to King and Kay for resurrecting the importance of radical uncertainty, especially in a fun and enjoyable manner that’s relatively simple (and also explains how more advanced models can often give false precision/comfort when knowledge is lacking)
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Fred
- 05-17-23
Outstanding
People will go to great lengths to avoid thinking. People should read this book. Balanced, informed, practical and, dare I say, enlightening. Also an entertaining and enjoyable read.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- steve
- 10-06-23
Excellent book
The narration is well done and you can listen at 1.5 times speed with no problem.
“What is really going on?” Excellent and something I will use many times many times a day
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Philo
- 03-18-20
At 1:23:50: "we must expect ... a virus"
Of books I've read, this is closest to (the terrific) Against the Gods: The remarkable Story of Risk, by Peter L. Bernstein.
It is about reckoning with uncertainty in all areas of life: measuring, modeling, guessing, betting, deciding, and committing.
This (well-timed) work is not as graceful, lyrical, or punchy as Nassim Taleb's best. But it is more disciplined and thorough. It is an education in one book, and takes pains to go over the major thinkers up to now, pretty systematically. Taleb by comparison wilfully flashes past things he assumes the reader knows, and goes whither he will. This book makes frequent reference to the "black swan" idea (and credits Taleb). But this book is more English and English school-like in tone and style, whereas Taleb is more Mediterranean, near-eastern, and ancient-epic. This one takes its time, colorfully enough, to see that you have a deep and wide background in its subject. It wanders around more capaciously, slipping into various stories of things unexpected. At moments it can seem a bit slack in the pacing. What it does for me is help me build my tool kit for (I'm already far down this path) a broad re-callibration of how I view and process and decide in my world. I see it as an antidote to the shared hallucination we (in USA) might now be awakening from -- the (relative) apparent certitudes of the mid- and later-20th century, and even (though it has been pretty well shaken lately) the 21st. I enjoy this one, alongside Taleb's works (which are maybe a more entertaining entry point to this probabilistic thinking, preferably in the order of their release), and also (if you are skewed toward an interest in finance as I am) this book's co-author Mervyn King's The End of Alchemy (also here on audible). End of Alchemy in a context of finance and banking gives a very elegant introduction to this same "radical uncertainty" idea, as explaining much of what finance does, whereas this one generalizes the idea to all our doings. This book certainly fits the unfolding era of COVID-19 like a glove, meanwhile giving me some degree of (relaxing?) intellectual distance from today's headlines, and more broad framework for considering it all, and making decisions (which are happening deeply and daily for me in real time as I write this, March 2020, and I see no end to this accelerated period of change). The narration here is sharp and effective.
Underneath, where's the beef? The authors are skeptical of a lot of quantitative modeling, and what they go for ("What is going on here?") might fit in risk management jargon as scenarios (though they stubbornly refuse to use the word). As a positive and novel view, it comes out a bit mushy. The concept of a "reference narrative" is useful, though how this departs from the (again essentially uncredited) concept of anchoring (in behavioral economics) is not clear. So, I didn't see anything strikingly new to me. I did benefit from its leisurely explorations around these themes.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
15 people found this helpful
-
Overall
-
Performance
-
Story
- Oscar Vestlie
- 03-25-22
good but long
I like the contents of the book but it could be a lot shorter.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
-
Overall
-
Performance
-
Story
- Armand Jarri
- 08-18-20
Boring and repetitive.Should have hired an editor
This book extremely boring. Narration is monotonous. Author repetes the same satement over and over. Sometimes even using the same phrasing. Examples are long and winding ( history of the the PC, for example) that you forget the original premise. He should have hired an editor.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!
1 person found this helpful