Three books
NUDGE:
Nudge is essentially ideas about influencing people’s thinking for the better and make choices accordingly without forcing them to do so. It is co-written by a behavioral economist Richard Thaler. He calls it libertarian paternalism. One idea which comes close to what thaler proposes is the piano stairs in sweden.
For a lay reader who does not care about choice architecture, Nudge is quite interesting yet requires deliberate reading/analysis and study. However, for professionals like information designers, I think NUDGE is required reading.
THE BLACK SWAN:
Black Swan is a metaphor for seemingly unpredictable events. How accurately can anyone predict events like Haiti earthquake, 11/26 etc? These cannot be predicted. Unpredictable events happen in all phases of our lives, including economic: For ex. predicting an unusual movie’s success is hard. The Black Swan deals with big, random, unpredictable events and its effects.
I made quite a bit of underscores in the book. I have to revisit those again. I can’t say I understood everything or almost everything. One needs to study this book. Certainly not time pass reading.
BUFFETT: The Making Of An American Capitalist - book review:
Though I read non-fiction, I am not a big fan of biographies. But this one was an exception. I absolutely devoured this five days which is a first for me. Irresistible for obvious reasons. I fully endorse the review above.