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Nudge

Improving Decisions About Health, Wealth, and Happiness

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About this listen

 Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder.

Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.

Thaler and Sunstein invite us to enter an alternative world, one that takes our humanness as a given. They show that by knowing how people think, we can design choice environments that make it easier for people to choose what is best for themselves, their families, and their society.

Using colorful examples from the most important aspects of life, Thaler and Sunstein demonstrate how thoughtful "choice architecture" can be established to nudge us in beneficial directions without restricting freedom of choice. Nudge offers a unique new take - from neither the left nor the right - on many hot-button issues, for individuals and governments alike. This is one of the most engaging and provocative audiobooks to come along in many years.

Included in this recording are a bonus chapter and a Postscript that was added in the paperback edition.

©2009 Richard H. Thaler and Cass R. Sunstein (P)2009 Gildan Media Corp Personal Development Psychology Psychology & Mental Health Sociology Stress Management Inspiring Thought-Provoking
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Some weird sounds on the background in the last chapter.
Maybe, just because I already knew a great deal about nudges, but I did not enjoy the book, unfortunately. It includes unnecessarily long explanations of different insurance and saving schemes, that are not needed to understand a particular nudge point, and the tone of the book was such that it made me feel incredibly stupid, even though I am an economist by training.

Disappointed

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The start of the book showed a lot of potential however repetition and over use of examples meant it became repetitive. For anyone looking to learn further on ‘nudges’ I would recommend directing your research to behavioural economics/ finance resources elsewhere.

Cool idea, poor execution

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A very thought provoking book. The 1st half has excellent. Some of the application of the theory was too detailed for me.

1st half was excellent

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Under rated by academics - overrated by Politicians

This needs common sense combined with Ethics and Morals. i wish I had known about this stuff 4 years ago when I was working on default options

Under rated by academics

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Human fallibility, and ways to explore it while using it to their advantage. Libertarian Paternalism and people's freedom of choice.

For lovers of psychology and economics

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