This book wasn’t what I expected. It was much more business focused. For me that isn’t such a bad thing, as it gave me a lot to think about when/if I end up starting my own company. I did enjoy the talks about partners, employees, nepotism, networking, and marketing. I have the tendency to try to do everything myself, which is good in startup phase, but quickly dies off. The beer festivals they got going sound like a lot of fun, and I’d love to go to more festivals around here.
The application of game theory supported by this book and used in practice is something I like. I would like to learn more about game theory and how to functionally apply it. It seems to me that this is naturally synergistic with Decision Analysis. Combining the two makes for a very powerful model of how people will make decisions and how I should make decisions. Since I have extra time today I will probably look up some additional material on game theory. Reading the Wikipedia article and the links from that is a good start, but I’d like it in the form of a lecture or class if that could be found.
This book was fantastic. The author uses a lot of anecdotal evidence to support good experimental data. Some of the conclusions drawn from the data i find suspect, especially those regarding the purpose of why people were doing what they were doing, but the general indicators of human behavior are fully believable. One of the things that the book talks at length about are biases. It talks about getting used to good and bad things, and how to avoid getting used to the good and make the bad not so bad. The book also says that we should avoid making decisions when emotional, as that will form an unintentional habit of choosing that decision or ones like it when dealing with people in the future. The emotional habit experiment is one that I don’t believe to be as thorough as most of the others, but it is still directionally true. I very much enjoyed this book.
This paints a scary picture of the future of the US economy and of many other world economies, particularly of the EU. The book talks about the monetary systems of many countries, before problems, after problems, and current states. From what I understand of the book the US economy is on the edge, due to too much debt being taken on by the public sector. The public sector debt then makes private sector investment more difficult. Private sector startups are then the source of net jobs in major economies. I think that the worst things they talk about in the book won’t happen to the US primarily because we are more likely to inflate away our debt, without hyperinflation, than any of the other scenarios that are presented in the book.





