Behavioral economics as interpretive economics. A review of Daniel Kahneman: Thinking, fast and slow. Farrar, Straus and Giroux, New York, 2011. 512 pp., index, ISBN 9780374275631, $30.00

Behavioral economics as interpretive economics. A review of Daniel Kahneman: Thinking, fast and... Rev Austrian Econ (2012) 25:359–362 DOI 10.1007/s11138-012-0181-9 Behavioral economics as interpretive economics. A review of Daniel Kahneman: Thinking, fast and slow. Farrar, Straus and Giroux, New York, 2011. 512 pp., index, ISBN 9780374275631, $30.00 Ryan Langrill Published online: 26 June 2012 Springer Science+Business Media, LLC 2012 Thinking, Fast and Slow is a book about how people think−how the mind interprets information given to it. Daniel Kahneman shared the 2002 Economics Nobel with Vernon Smith; he is a psychologist by training and one of the founders of behavioral economics. The book takes us through different phases in his career, each of which focuses on an aspect of how people’s “machinery of cognition” helps them make sense of the world (or fails to do so). Thinking, Fast and Slow has received great accolades, with The Economist, The New York Times Book Review, and The Wall Street Journal including it on their 2011 best book lists. I will focus on issues relevant to readers of the RAE and the opportunities Kahneman’s research program presents, rather than an in-depth analysis of the book because there are a large number of reviews for general readers. Kahneman breaks the book into five sections, mapping onto http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Behavioral economics as interpretive economics. A review of Daniel Kahneman: Thinking, fast and slow. Farrar, Straus and Giroux, New York, 2011. 512 pp., index, ISBN 9780374275631, $30.00

Loading next page...
 
/lp/springer_journal/behavioral-economics-as-interpretive-economics-a-review-of-daniel-PRpnlmmTsy
Publisher
Springer US
Copyright
Copyright © 2012 by Springer Science+Business Media, LLC
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-012-0181-9
Publisher site
See Article on Publisher Site

Abstract

Rev Austrian Econ (2012) 25:359–362 DOI 10.1007/s11138-012-0181-9 Behavioral economics as interpretive economics. A review of Daniel Kahneman: Thinking, fast and slow. Farrar, Straus and Giroux, New York, 2011. 512 pp., index, ISBN 9780374275631, $30.00 Ryan Langrill Published online: 26 June 2012 Springer Science+Business Media, LLC 2012 Thinking, Fast and Slow is a book about how people think−how the mind interprets information given to it. Daniel Kahneman shared the 2002 Economics Nobel with Vernon Smith; he is a psychologist by training and one of the founders of behavioral economics. The book takes us through different phases in his career, each of which focuses on an aspect of how people’s “machinery of cognition” helps them make sense of the world (or fails to do so). Thinking, Fast and Slow has received great accolades, with The Economist, The New York Times Book Review, and The Wall Street Journal including it on their 2011 best book lists. I will focus on issues relevant to readers of the RAE and the opportunities Kahneman’s research program presents, rather than an in-depth analysis of the book because there are a large number of reviews for general readers. Kahneman breaks the book into five sections, mapping onto

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Jun 26, 2012

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve Freelancer

DeepDyve Pro

Price
FREE
$49/month

$360/year
Save searches from
Google Scholar,
PubMed
Create lists to
organize your research
Export lists, citations
Read DeepDyve articles
Abstract access only
Unlimited access to over
18 million full-text articles
Print
20 pages/month
PDF Discount
20% off