Recommendations based on "Fantasyland: 500 Jahre Realitätsverlust - Die Geschichte Amerikas neu erzählt"

Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, and The Bed of Procrustes.Now in a striking new hardcover edition, Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill.This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.PRAISE FOR FOOLED BY RANDOMNESS:Named by Fortune One of the Smartest Books of All TimeA Financial Times Best Business Book of the Year“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”–Malcolm Gladwell, author of Blink“The book that rolled down Wall Street like a hand grenade.”–Maggie Mahar, author of Bull! A History of the Boom, 1982—1999“Fascinating . . . Taleb will grab you.”–Peter L. Bernstein, author of Capital Ideas Evolving“Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.”–Michael Schrage, author of Serious Play: How the World’s Best Companies Simulate to Innovate“We need a book like this. . . . Fun to read, refreshingly independent-minded.”–Robert J. Shiller, author of Irrational Exuberance“Powerful . . . loaded with crackling little insights [and] extreme brilliance.”–National Review

Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world.Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments.Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber.Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining.

This book sheds light on how people work-why sometimes they function well and sometimes they behave in ways that are self-defeating or destructive. Toward this end, Carol Dweck presents her groundbreaking research on adaptive and maladaptive cognitive-motivational patterns, how these patterns originate in people's self-theories; their consequences for the person-for achievement, social relationships, and emotional well-being; their consequences for society, from issues of human potential to stereotyping and intergroup relations; the experiences that create them.Throughout, Dweck shows how examining people's self-theories illuminates basic issues of human motivation, social cognition, personality, the self, mental health, and development.