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Editorial Reviews

Editors Select, December 2016 - My team knows that I have some very obvious "author crushes" - as in, whenever I hear that one of said authors is coming out with a new release, I jump on the opportunity to listen to their book as soon as possible. Michael Lewis is one of these people. He's known for his accessible and incredibly interesting "backstage pass looks" into the inner workings of a particular industry - in my current favorites, Flash Boys and Liars' Poker, it's the world of finance - and in The Undoing Project (which is gunning for a top spot on my Michael Lewis list) it's behavioral economics...partially. It's about a friendship that completely revolutionized what is known as "Big Data" and increased the use and reliability of algorithms. Dennis Boutsikaris, with his clear and knowing voice, does an incredible job of highlighting the conversational tone Michael Lewis is known for. —Laura, Audible Editor
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Publisher's Summary

Best-selling author Michael Lewis examines 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 about 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' 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 the fascinating 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. In the process they may well have changed for good mankind's view of its own mind.
©2016 Michael Lewis (P)2016 Simon & Schuster
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Customer Reviews

Most Helpful
5 out of 5 stars
By Jane on 04-11-17

I loved learning about two very smart men.

This is biographical about two men Daniel Kahneman (DK) and Amos Tversky (AT). There is a little about their backgrounds. Most of this is about their work, discoveries, and interaction as adults. They had a close partnership for about ten years. That slowed down after they moved to the U.S. and lived in different places.

There were many fascinating ideas in this book. I previously read the book Thinking, Fast and Slow by Daniel Kahneman. Some of those ideas were also mentioned in this book.

The biggest idea from these two men was that human intuition, opinions, and judgement is faulty, not reliable, not predictable. Most economists were reluctant to accept this. It ruined their supply/demand/market ideas. But eventually they accepted it. Thus the Nobel prize in Economics was given to DK in 2002. Since the Nobel prize is only given to living people AT was not named, but everyone knew he was part of it.

One example is doctors. They interviewed doctors asking what they looked for when deciding if something was stomach cancer (or it may have been ulcers, I forget). They came up with a list which they put into a computer. Then they did a study giving test cases to doctors. The computer consistently beat the doctors. And, doctors even disagreed with themselves - when given the same case twice sometimes the doctors would give different answers.

Dennis Boutsikaris was excellent. Good job removing his breathing noises.

Narrative mode: 3rd person. Story length: 10 hrs and 18 mins. Swearing language: s*** used once or twice. Book copyright: 2016. Genre: biography.

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10 of 11 people found this review helpful

5 out of 5 stars
By Michael on 12-13-16

Not what i expected

I think that what most people love about Michael Lewis is his attention to detail.

This book goes into the deep thoughts between two Israeli doctors as they discover psychology of the "irrational"consumer.

My comments to Michael Lewis will be, great job on the research and the writing! You're an artist the way that you put things together.

I expected more details about their research and the data which was collected. There were just a couple of times where I was not clear about what their research was trying to represent. I feel like I need to go back and listen to the book again.

Overall I loved the story of the meaningful purpose between these two men as i have read other books which often quote their work. It is interesting to know about the sweat and tears behind their success.

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37 of 45 people found this review helpful

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