Episode · Freakonomics Radio · 2023-04-27

Books mentioned on Why Your Projects Are Always Late — and What to Do About It (Ep. 323 Replay)

1 book · With Roger Bueller, Tali Sharat, Katie Milkman, Justin Rosenstein, Yael Grushka-Cockayne, Bent Flyvbjerg · Listen · Watch on YouTube

Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.”

Mentioned: Thinking, Fast and Slow by Daniel Kahneman.

Books mentioned, in the order they came up

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  1. Thinking, Fast and Slow

    Daniel Kahneman · at 7:32

    Thinking, Fast and Slow is a popular psychology and behavioral economics book by Daniel Kahneman that explores cognitive biases, human judgment, and the dual systems that drive how people think.

    Discussed
    “Right, well, my thinking on this has been guided by a distinction drawn by Kahneman and Tversky between two types of thinking: one being an inside approach and the other being an outside approach. The inside approach involves really focusing on the case at hand and trying to work out the details of that unique case.”
    Where to get it