by Kit Yates ‧ RELEASE DATE: Oct. 31, 2023
Yates’ tour of the predictions business covers much interesting ground, which he tills with an entertaining sense of humor.
From tarot cards to forecasts of Armageddon, a mathematician examines the psychology of predictions, debunking myths and setting an agenda for clear thinking.
It’s human nature to want to know what is going to happen in the future. However, writes Yates, author of The Math of Life and Death, doing so with a useful degree of probability is extremely difficult—or even impossible. The author pleasantly explains the tricks used by psychics and charlatans, which usually involve telling paying customers what they want to hear. He tracks numerous apocalyptic predictions and the reasons given by the forecasters for their obvious failure. There is also a tendency of people to see patterns in events and data that don’t exist. Random distribution can throw up apparent causations and connections, but they are really no more than background noise. Humans think in linear terms, assuming that the future will be like the present and therefore precise extrapolations are possible. Not so, says Yates. There are too many variables to consider. True, linearity is needed for everyday existence, but when it comes to making predictions, it is more hindrance than help. The author examines the different types of delusional thinking and outlines the mathematics of probability, and he devotes a useful chapter to chaos theory. The only field with a scientific basis seems to be short-term weather forecasting, although even there, things can go disastrously wrong. Math-based models can be important tools, with the proviso that the output is only as reliable as the input. In the end, there is no perfect prediction method. The best we can do is think broadly, be prepared to change our minds in light of new evidence, and understand our own biases.
Yates’ tour of the predictions business covers much interesting ground, which he tills with an entertaining sense of humor.Pub Date: Oct. 31, 2023
ISBN: 9781541604933
Page Count: 448
Publisher: Basic Books
Review Posted Online: Aug. 3, 2023
Kirkus Reviews Issue: Sept. 1, 2023
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by Kit Yates
by Ezra Klein & Derek Thompson ‧ RELEASE DATE: March 18, 2025
Cogent, well-timed ideas for meeting today’s biggest challenges.
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New York Times Bestseller
Helping liberals get out of their own way.
Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.
Cogent, well-timed ideas for meeting today’s biggest challenges.Pub Date: March 18, 2025
ISBN: 9781668023488
Page Count: 320
Publisher: Avid Reader Press
Review Posted Online: Jan. 16, 2025
Kirkus Reviews Issue: Feb. 15, 2025
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by Daniel Kahneman ‧ RELEASE DATE: Nov. 1, 2011
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...
A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.
The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.Pub Date: Nov. 1, 2011
ISBN: 978-0-374-27563-1
Page Count: 512
Publisher: Farrar, Straus and Giroux
Review Posted Online: Sept. 3, 2011
Kirkus Reviews Issue: Sept. 15, 2011
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