Didn’t finish. Nice ideas but boring too academic delivery. ( )

A book about real economic agents in the real world of little information and less predictability, subject to all the mental and psychological fallacies and quirks of real human beings. The book, with all of 34 chapters (each of them mercifully brief), covers an astonishing range of economic decisions in the real day-to-day world, including investment in the share market and saving for retirement. It also reiterates the effectiveness of 'nudging', e.g. by timely reminders, by making the good option the default one (as in pension and savings schemes), health insurance, and so on. Not an afternoon's light read, but worth the effort. ( )

http://pro-libertate.net/20150614/264-read-misbehaving ( )

Would highly recommend, it gives a great way to look at the decisions you make while also giving insight into the development of economics. It's also pretty easy to read considering the subject matter ( )

I found this book to be part autobiographical, part psychology, and part economics. I enjoyed Thaler's anecdotes and his experiences and battles in the academic world. I understood some of the examples that Thaler provided on how we make decisions, both rationally and irrationally. I particularly enjoyed his take on how teams should prepare for the NFL draft.

I am also familiar with various books and online lectures by Professor Robert Shiller of Yale University on behavior economics. I appreciate that economists try to write books that the general public might understand. Thaler does a pretty good job at this also.

If one is interested in the evolution of the idea of behavioral economics and the struggles to promote it, I recommend this book. ( )