BOOK REVIEW: Predictably Irrational – Dan Ariely

When we make decisions we think we’re in control, making rational choices. But are we? Entertaining and surprising, Ariely unmasks the subtle but powerful tricks that our minds play on us. The description could not have fit the book better. The book is about how we make irrational choices – imagining our choices to be perfectly rational. Dan Ariely, professor of behavioral economics at MIT’s … Continue reading BOOK REVIEW: Predictably Irrational – Dan Ariely

Fooled by Randomness

If I say “I am fooled by Randomness.” How would you interpret that? (a) I am so random and have lots of random things to do (Read: I am bored and I actually have nothing to do!) (b) I am fooled into seeing “patterns” where none exist. If you’ve read the book “Fooled By Randomness” by Nicholas Nassim Taleb, you are likely to agree with … Continue reading Fooled by Randomness