Book Summaries: Psychology

The best psychology books I have read, summarised in one paragraph. Follow the links to see more detailed book summaries and reviews.

Grit - By Angela Duckworth

Paper | Kindle

We consistently overestimate talent, but ignore the reality that effort counts twice. Angela Duckworth has widely studied the concept of grit – a combination of long-term passion and perseverance – and found that it is a much better predictor of future outcomes. The grittiest individuals embrace deliberate practice and our optimistic self-improvers. And the good news is that we can cultivate grit in our external environments, via parents and role models, extra-curricular activities, and teams and cultures.

Read the Full Book Summary

Thinking, Fast and Slow - By Daniel Kahneman

Paper | Kindle

A Nobel prize-winning psychologist outlines a lifetime’s worth of research insights, covering his seminal work on cognitive biases with Amos Tversky through to his more recent work on positive psychology and happiness. The book accessibly demonstrates through research and practical examples for the reader how we can model our decision patterns with two systems: System 1 (emotional and impulsive) and System 2 (logical and rational). These two systems set the premise for explaining a wide range of cognitive biases in human decision making.

Related Article: 6 Tell-Tale Signs That You’re Investing for the Wrong Reasons

The Art of Thinking Clearly - By Rolf Dobelli

Paper | Kindle

Rolf Dobelli isn’t a psychologist, but don’t let that put you off. This book is without doubt the most accessible read on decision psychology I’ve come across. Dobelli capitalises on his background as a novelist to engagingly outline 99 thinking flaws. Each chapter is bite-size, supported by engaging anecdotal examples and research reflections. It’s a book jammed with insights on the psychology of decision making, and free from the academic jargon that makes so many psychology texts widely inaccessible.

Related Article: The House Money Effect: Why Your Money Must Feel Like Your Money

Nudge - By Richard Thaler and Cass Sunstein

Paper | Kindle

Thaler and Sunstein introduce a novel concept: libertarian paternalism. Sounds like an oxymoron, right? Except, not quite. Their central idea is based on the fact that human beings make predictable mistakes when faced with choices due to cognitive biases, such as anchoring, herd mentality and status quo bias. By framing choices differently (or changing ‘choice architecture’ as they put it), they argue that we can direct ourselves freely to better decisions. Examples and suggestions are made for areas like retirement, healthcare, and even organ donation.

Predictably Irrational - By Dan Ariely

Paper | Kindle

Amongst the flood of decision-making psychology books to emerge from the 21st century, Predictably Irrational  nails some of the decision psychology that underpins poor consumer choices. It’s also one of the earlier books to emerge on this topic in this century. With wide-ranging examples of scientific experiments, Ariely demonstrates the power of decoys in comparisons, our bias towards freebies, the endowment effect, how placebos address symptoms, and much more.

Related Article: The Endowment Effect: Why We Overvalue Our Stuff

The Power of Habit - By Charles Duhigg

Paper | Kindle

The Power of Habit explores the science behind habits. The book begins by outlining the basis of all habit formation: the habit loop, along with some evidence from neurological science and psychology. The basic premise is that habits are formed based on a cycle of cue, routine and rewards. The interaction of cues and rewards can create the presence of cravings, which reinforce habit loops. Habits can be reformed, Duhigg argues, by replacing the routine in the habit loop, but keeping the cue and reward – though willpower plays a critical role. Duhigg spends a number of chapters outlining examples of keystone habits: individual habit loops capable of cascading through societies and businesses.

Related Article: The Psychology of Saving Money: What Does the Research Tell Us?

Happiness by Design - By Paul Dolan

Paper | Kindle

Paul Dolan outlines an extensive range of cutting-edge research in the field of positive psychology. Bringing his background in economics to the table, Dolan’s novel contribution is to suggest happiness manifests itself as a result of how we allocate our scarce attention.  Happiness, Dolan argues, comes in the experiences that bring us the most pleasure and purpose. By first identifying those areas through techniques such as the Day Reconstruction Method (mapping out our day and measuring our levels of purpose and pleasure) we can then start to nudge our attention towards these “happiness inputs”.  The final chapters are dedicated to explaining how we can successfully shift our attention to these inputs.

Related Article:  Can Money Really Buy Happiness?

Influence: The Psychology of Persuasion - By Robert Cialdini

Paper | Kindle

Cialdini outlines 6 principles of influence based on empirical research and undercover experiences in various compliance fields: reciprocity, commitment and consistency, social proof, liking, authority, and scarcity. The first principle (reciprocity) refers to our tendency to feel obliged to return favours, even if the favour is unwanted. The second principle (commitment and consistency) refers to our preference for consistency, and how sales professionals can use that against us by escalating levels of commitment. Cialdini then expands on our higher likelihood to agree to offers from people who we see as similar to ourselves (social proof), from people who we like and from people in authority. The final principle (scarcity) refers to our tendency to want something more when we think there is less of it (e.g. “limited time only” offers). 

Read more book recommendations, summaries and reviews on the Lifelong Learning page.

Got a suggestion for a book I should read and add to this list? Get in touch on Twitter @HustleEscape.

Full Disclosure: Nothing on this website should be taken as financial or legal advice. Occasionally we use affiliate links to help support the continuation of the website. For more information, see our Disclosure & Privacy Policy.