What We Are Reading Today: A Crisis of Beliefs: Investor Psychology and Financial Fragility

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Updated 17 March 2020

What We Are Reading Today: A Crisis of Beliefs: Investor Psychology and Financial Fragility

Authors: Nicola Gennaioli and Andrei Shleifer

The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise.
Nicola Gennaioli and Andrei Shleifer walk readers through the unraveling of Lehman and the ensuing meltdown of the US financial system, and present new evidence to illustrate the destabilizing role played by the beliefs of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people— and how financial and economic instability persist.
A Crisis of Beliefs is a must-read for anyone seeking to navigate today’s unpredictable financial waters.


What We Are Reading Today: Our Minds, Our Selves: A Brief History of Psychology

Updated 30 March 2020

What We Are Reading Today: Our Minds, Our Selves: A Brief History of Psychology

Author: Keith Oatley

In Our Minds, Our Selves, distinguished psychologist and writer Keith Oatley provides an engaging, original, and authoritative history of modern psychology told through the stories of its most important breakthroughs and the men and women who made them.
The book traverses a fascinating terrain: conscious and unconscious knowledge, brain physiology, emotion, mental development, language, memory, mental illness, creativity, human cooperation, and much more.
Biographical sketches illuminate the thinkers behind key insights: Historical figures such as Darwin, Piaget, Skinner, and Turing; leading contemporaries such as Michael Tomasello and Tania Singer; and influential people from other fields, including Margaret Mead, Noam Chomsky, and Jane Goodall. Enhancing our understanding of ourselves and others, psychology holds the potential to create a better world. Our Minds, Our Selves tells the story of this most important of sciences in a new and appealing way.