coraa: (bookses)
How We Know What Isn't So: The Fallibility of Human Reason in Everyday Life, by Thomas Gilovich

It's a popular belief that infertile couples who adopt will not infrequently be able to conceive after their adoption. Many people accept this as true, and some can provide anecdotal evidence. The problem, Thomas Gilovich explains, is that it's not actually true: there's no statistical correlation to indicate that couples having fertility problems who choose to adopt are more likely to conceive than couples having fertility problems who do not. Certainly, some couples who adopt because they cannot have children of their own do become pregnant -- but some couples who are having similar infertility problems who don't adopt also eventually become pregnant.

It's a popular belief that a run of successes predicts further successes -- that a player who has sunk three baskets in a row has 'hot hand,' and is more likely to sink a fourth than his teammate who missed two baskets, even if the two have similar season-long averages; that if the cards or the dice are going your way, they will continue to go your way. Again, Gilovich points out, this just isn't true. Runs of good luck are just that -- good luck: the likelihood that a player will sink the next basket has something to do with his skill and long-term average but nothing to do with his prior streak, or lack thereof; the likelihood that the next dice roll will come up in your favor is pure chance, assuming nobody's rigging the dice.

So why do these beliefs persist? That's what the book is about -- not why the beliefs are wrong (although Gilovich explains the statistical background used to determine the falsity of these beliefs), but why people believe them anyway. Why people know things, firmly and without question, that are simply not true.

The book has three sections: "Cognitive Determinants of Questionable Belief" (that is, what's going on in your brain when you assume something that isn't true), "Motivational and Social Determinants of Questionable Belief" (that is, what about human psychology and social networks rewards you for assuming something that isn't true), and "Examples of Questionable Beliefs" (brief rundowns of several common types of questionable beliefs -- belief in certain kinds of alternative health practices, belief in certain interpersonal strategies of dubious usefulness, and belief in ESP and psi powers -- along with examinations of the research into their utility, and why they likely remain popular beliefs despite the lack of evidence).

(One thing to note; the book came out in 1993, which means it's... geez, 16 years old now? It doesn't seem dated, but I don't know how much research in the past decade-and-a-half has happened about these topics, so.)

I don't want to spoil the book too much, but I will give some examples of the kinds of reasons that people believe these things, which fall into a couple of broad categories. One is, ironically, not so much that we're rational as that we're sort of hyperrational: we look for patterns and explanations for data that has no pattern or explanation, data that is random. We believe that three things in a row -- successful baskets, coins that come up 'heads,' whatever -- must mean something. Another is that we try too much to extrapolate from small amounts of data, and we privilege anecdotes. This is why one example of a couple who adopted and was subsequently able to conceive trumps all the statistic in the world, for many people. But mostly, we see what we expect to see, what we want to see, and what we think others will see -- or what we think others will want us to see.

The book was written in a brisk, entertaining style without being too colloquial (some people can pull off colloquial, but some can't, and I'd much rather someone not try than try and fail). It was very readable, and in fact was a fast, compelling read. I don't have the expertise to asses their research, and, as I said, it's likely this is some degree of out-of-date, but it was really interesting either way, and made me think a lot about... well, the way I think.

Running Tally:

Total Books: 13
Fiction: 2
Non-Fiction: 11
POC Author: 2
coraa: (bookses)
(Side note: these are numbered according to when I get around to blogging them, not according to when I finish them.)

I don't have anything extensive to say about these -- which is why I didn't get around to blogging them until now, even though I read them in late January, and why I'm rounding them up and reviewing them in brief paragraphs. I periodically go through a kick of reading personal finance books, not because I expect them to teach me anything new, but sort of for... moral support, I guess, when I'm making financial resolutions. (Because, yeah, they all say 'spend less than you make, try not to go too deeply into debt, sock some money away in case the car explodes or you lose your job, it would be nice to retire someday,' all of which I do actually know.) Uh, yeah. That embarrassing revelation aside....

Women & Money: Owning the Power to Control Your Destiny, by Suze Orman

Didn't really teach me anything new. Spent a lot of time on setting up a living trust and will and so on. Lots of stuff about how many women don't know anything about their own finances (ie, they let their husband handle everything), which is a bad idea, which I agree with but didn't need to be told. Some stuff about saying a firm but kind 'no' that I probably do need but not in the realm of money (as I do not -- knock wood -- have relatives asking me for money). Pretty par-for-the-course: regular personal finance advice, plus 'don't just let your husband handle everything and leave you in the dark.' (Got it free from when the Oprah site was giving it away, actually.)

Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics, by Gary Belsky and Thomas Gilovich

This was the most interesting of the lot, because it actually wasn't just 'don't spend more money than you make you idiot.' It was about -- well, a lot of ways that people think about money that seem sensible from the inside but that don't actually make all that much sense. Loss aversion and the sunk cost fallacy, "mental accounting" that actually hurts you (like keeping an inheritance in a safe, low-interest savings account, while racking up interest on high-interest debt), why peoples' sense of scale goes wonky when the numbers get big, and so on. It really was interesting, and I'd give it a bigger write-up, except that it's really just a specific example case of a lot of the ideas in Gilovich's other book How We Know What Isn't So, and I'll save my full write-up for that.

Spend Well, Live Rich: How to Get What You Want with the Money You Have, by Michelle Singletary

Really standard personal finance -- just straight-up cheerleading of stuff that I already knew. Fast read, entertaining enough (I like Michelle Singletary's style; I listen to her NPR podcast), nothing new. Some thrift tips. Successful for the cheerleading purposes, though.

So, yeah. Useful cheerleading. Not sure I'd recommend them otherwise.

(Note to self: books I finished and still need to write up:

The Omnivore's Dilemma, by Michael Pollan
The Final Days, by Woodward and Bernstein
The Wordy Shipmates, by Sarah Vowell
The White Tiger, by Aravind Adiga
How We Know What Isn't So, by Thomas Gilovich)

I have a bunch of fiction coming to me, which is good! I'm ready for some more fantasy/science fiction.

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