Extra: The Men Who Started a Thinking Revolution (Update)

The psychologist Daniel Kahneman — a Nobel laureate and the author of Thinking, Fast and Slow — recently died at age 90. Along with his collaborator Amos Tversky, he changed how we all think about decision-making. The journalist Michael Lewis told the Kahneman-Tversky story in a 2016 book called The Undoing Project. In this episode, Lewis explains why they had such a profound influence.   SOURCE: Michael Lewis , writer.   RESOURCES: The Undoing Project , by Michael Lewis (2016). Thinking, Fast and Slow , by Daniel Kahneman (2011). The Big Short: Inside the Doomsday Machine , by Michael Lewis (2010). Nudge: Improving Decisions About Health, Wealth, and Happiness , by Richard Thaler and Cass Sunstein (2009). Moneyball: The Art of Winning an Unfair Game , by Michael Lewis (2004). “ Who’s On First ,” by Richard Thaler and Cass Sunstein ( New Republic , 2003). “ The Framing of Decisions and the Psychology of Choice ,” by Daniel Kahneman and Amos Tversky ( Science , 1981). “ Prospect Theory: An Analysis of Decision Under Risk ,” by Daniel Kahneman and Amos Tversky ( Econometrica , 1979). “ Judgment under Uncertainty: Heuristics and Biases ,” by Daniel Kahneman and Amos Tversky ( Science , 1974). “ Subjective Probability: A Judgment of Representativeness ,” by Daniel Kahneman and Amos Tversky ( Cognitive Psychology, 1972).   EXTRAS: " Remembering Daniel Kahneman ," by People I (Mostly) Admire (2024). " Why Are People So Mad at Michael Lewis? " by Freakonomics Radio (2023). " Did Michael Lewis Just Get Lucky with 'Moneyball'? " by Freakonomics Radio (2022). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.