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The Undoing Project: A Friendship That Changed Our Minds, by Michael Lewis
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How a Nobel Prize–winning theory of the mind altered our perception of reality.
Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing our assumptions about the decision-making process. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. Kahneman and Tversky are more responsible than anybody for the powerful trend to mistrust human intuition and defer to algorithms.
The Undoing Project is about a compelling collaboration between two men who have the dimensions of great literary figures. They became heroes in the university and on the battlefield―both had important careers in the Israeli military―and their research was deeply linked to their extraordinary life experiences. Amos Tversky was a brilliant, self-confident warrior and extrovert, the center of rapt attention in any room; Kahneman, a fugitive from the Nazis in his childhood, was an introvert whose questing self-doubt was the seedbed of his ideas. They became one of the greatest partnerships in the history of science, working together so closely that they couldn’t remember whose brain originated which ideas, or who should claim credit. They flipped a coin to decide the lead authorship on the first paper they wrote, and simply alternated thereafter.
This story about the workings of the human mind is explored through the personalities of two fascinating individuals so fundamentally different from each other that they seem unlikely friends or colleagues. In the process they may well have changed, for good, mankind’s view of its own mind.
- Sales Rank: #160 in Books
- Brand: imusti
- Published on: 2016-12-06
- Released on: 2016-12-06
- Original language: English
- Number of items: 1
- Dimensions: 9.60" h x 1.30" w x 6.50" l, .0 pounds
- Binding: Hardcover
- 368 pages
- W. W. Norton & Company
Review
“Lewis has written one hell of a love story.” (Jennifer Senior - New York Times)
“Lewis is the ideal teller of [Tversky and Kahneman’s] story… You see his protagonists in three dimensions―deeply likable, but also flawed, just like most of your friends and family.” (David Leonhardt - New York Times Book Review)
“Fascinating stories about intriguing people.” (Cass Sunstein and Richard Thaler - The New Yorker)
“Brilliant… Lewis has given us a spectacular account of two great men who faced up to uncertainty and the limits of human reason.” (William Easterly - Wall Street Journal)
“Compelling… The Undoing Project is a history of the birth of behavioral economics, but it’s also Lewis’s testament to the power of collaboration.” (Peter Coy - Bloomberg Businessweek)
“Intellectually mesmerizing and inspiring.” (Harper's Bazaar)
“Mind-blowing… [The Undoing Project] will raise doubts about how you personally perceive reality.” (Don Oldenburg - USA Today)
“Michael Lewis has a genius for finding stories about people who view reality from an unusual angle and telling these stories in a compulsively readable way.” (Geoffrey Kabat - Forbes)
“A fantastic read.” (Jesse Singal - New York Magazine)
“Lewis [is a] master of the character-driven narrative.” (Charlie Gofen - The National Book Review)
“Tantalizing and tender… Lewis is an irresistible storyteller and a master at illuminating complicated and fascinating subjects.” (Booklist, starred review)
About the Author
Michael Lewis, is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, and Flash Boys. He lives in Berkeley, California, with his wife and three children.
Most helpful customer reviews
343 of 363 people found the following review helpful.
An intellectual adventure that only Michael Lewis could do justice
By Jacob Anthony
Thanks to works like Psychonomics: The Scientific Conquest of the Human Mind, we know that the field of Behavioral Economics is a kind of wild west of the sciences, filled with speculation, outlaws, and not a little shenanigans. And yet it is by far the most fascinating and controversial science on the popular stage. The Undoing Project is the epic story of how it all came to be.
It is a story that only Michael Lewis could write. With his characteristic accessibility and knack for turning the complex into palatable pieces, Lewis presents the foundations of the science by crafting a story about its two visionary scholars, Daniel Kahneman and the late Amos Tversky.
In so doing, Lewis gives a face to the theories and ideas that we have all become so aware of in the last ten or fifteen years: The Anchoring Effect, Framing, Overconfidence Bias, Regression to the Mean, Halo Effect. These and other “cognitive biases” have become familiar scientific concepts. The story of the friendship between Kahneman and Tversky brings to life what could otherwise be dull and mathematical.
This book is admittedly less plot-driven than other Lewis gems like The Blind Side, The Big Short, and even Moneyball. The story of Kahneman and Tversky is not necessarily made of the big screen. And Lewis does pay attention to the math to a degree that some readers will have to skip ahead (as he suggests). Still, Lewis’ mastery of storytelling makes even this kind of material a gripping and endearing tale.
One thing that stood out to me is just how different Kahneman and Tversky were. How they came together from similar backgrounds, approached life from different angles, agreed to set off on their intellectual journey together, and collaborated on some of the greatest psychological studies of the 20th century sets us up for a classic buddy story—an intellectual Butch Cassidy and the Sundance Kid if you will. On second thought, it might be good for a movie after all.
123 of 131 people found the following review helpful.
Absolutely wonderful. Michael Lewis successfully blends two biographies
By S. Yates
4.5 stars. Absolutely wonderful. Michael Lewis successfully blends two biographies, an intellectual love story (there really is no other way to describe the Kahneman/Tversky partnership), astute sketches of the work they did (in heuristics and biases), and how the partnership had ripple effects in a myriad of areas (from economics to psychology, from medicine to the military, and beyond). The book moves at a brisk pace, never dull, and fleshes out the men behind the scientific work. This vantage point into where Kahneman and Tversky came from, the events that shaped them, their intellectual make-ups, and the alchemy of their partnership is a real treat. This added depth to the scientists only makes me appreciate their work all the more. Highly recommended for anyone, but especially those who have read Thinking Fast, And Slow, any book on behavioral economics, or students of how human cognition leads us astray. A fantastic book that I couldn't put down.
26 of 27 people found the following review helpful.
Worth a read but don't let your expectations get too high
By J. Duncan
Worth reading in an overall slow release environment for quality reads. But really quite redundant in the middle chapters. To the point of the build up to "revelations" have already been anticipated by the reader many chapters earlier. The author never really ties in his claims of disruptive innovation with enough real world examples. Leaving the reader still wondering: was this ground breaking, transformative work, or something more akin to marginal improvement in the way people should be taught to think thru alternatives.
Like a lot of "books" the content really amounts to be about 80 pages worth of material, but that's no more than a magazine series, not enough for a marketable book. So like a lot of "books" it's stretched by filling it with added information that doesn't support the central themes and plenty of redundancy. Analogous to the student dragging out his homework to reach the 500-word minimum essay
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