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THE ALGEBRA OF WEALTH

A SIMPLE FORMULA FOR FINANCIAL SECURITY

An agreeably told but unoriginal entry in the field of financial self-improvement.

A business guru’s guide to personal finance.

A serial entrepreneur called a “progressive Jordan Peterson” by Fast Company, NYU professor Galloway, host of the Pivot podcast and author of Adrift and Post Corona, presents his “best practices for succeeding” in the “rapacious beast” of capitalism. His advice, he notes, is not for those with mountains of debt, but rather for readers “who have their act together and want to ensure they make the best of their blessings.” The “algebra” of the book’s title is broken down into four components. The first part covers Stoicism, and the author examines a list of ways in which readers can develop a “strong character” that helps their journey to wealth. It’s a salad of suggestions that include exercising, working hard, and marrying “someone who is better at money than you.” The second section, “Focus,” features Galloway’s extensive career advice. “Don’t follow your passion,” writes the author, explaining that most people can’t articulate a passion and that “passion careers suck.” For example, “only 2% of professional actors make a living from their craft.” Galloway then moves on to “Time,” which covers spending, budgeting, and saving for the future. The last section, “Diversification,” is the most technical, with Galloway “coaching” readers through “strategies for investing [their] capital.” Throughout the book, the author includes the type of anecdotes that readers have come to expect in this genre of personality-driven finance book: Galloway writes frankly about his childhood growing up “without much money,” how everything changed when his first child was born, and his divorce. The author references many of the current hot ideas in the modern self-help landscape: grit, the flow state, growth mindset, Malcolm Gladwell’s 10,000 hours, and black swan theory.

An agreeably told but unoriginal entry in the field of financial self-improvement.

Pub Date: April 30, 2024

ISBN: 9780593714027

Page Count: 304

Publisher: Portfolio

Review Posted Online: Feb. 17, 2024

Kirkus Reviews Issue: March 15, 2024

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THINKING, FAST AND SLOW

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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THE PSYCHOLOGICAL SAFETY PLAYBOOK FOR CHANGEMAKERS

A passionate and accessible guide to humanizing the workplace.

Helbig and Norman present a game plan for making leadership more responsively human.

In this expanded update to The Psychological Safety Playbook: Lead More Powerfully by Being More Human (2023), the authors provide “practical strategies for responding to resistance, sparking change, embodying the change we want to see, and moving forward deliberately,” specifically in a business setting. They suggest ways to encourage what they call “changemakers” through the use of five key “plays” from their playbook: Communicate Courageously, Master the Art of Listening, Manage Your Reactions (“shift from automatic reaction to conscious response to stay better connected to yourself and others”), Embrace Risk and Failure, and Design Inclusive Rituals. The goal is to ensure that organizational cultures promote psychological safety, guided by leaders who “walk the talk” by emphasizing their own humanity at every turn. (“We must be the first to share our own failures with our teams, which will start to make it possible for others to do the same.”) This call for example-setting is sounded throughout the book as Helbig and Norman urge their target audience (leaders and would-be leaders) to go beyond mere instruction and instead embody the qualities they want to see in their subordinates, such as continuous learning, active curiosity, and self-reflection. Each chapter includes a detailed “Recommended Reading” section and text with extensive numbered and bulleted points formatted to make the core concepts more immediately digestible. The authors effectively employ clear and empathetic prose to assure readers that psychological safety is slow to build and quick to break, observing that such safety requires steady attention and delivers outsize payoffs as a result. They refreshingly ground a great deal of the material in psychology and neuroscience, pointing out, for instance, that research has demonstrated that the parasympathetic nervous system responds to honest appreciation, which improves creative thinking. Some wistful readers might consider some of the authors’ suggestions beyond the reach of their own organizations, as when group facilitators are advised to “gently intervene when someone dominates the conversation,” but hope springs eternal.

A passionate and accessible guide to humanizing the workplace.

Pub Date: May 19, 2026

ISBN: 9798993550503

Page Count: 170

Publisher: Crazy Idea Press

Review Posted Online: April 23, 2026

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