Book of the week: The Upside of Irrationality by Dan Ariely
Ariely’s book “is an eye-opening, insightful look at human behavior,” particularly when he asks what actually motivates people to work, said Chuck Leddy in The Boston Globe.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
You are now subscribed
Your newsletter sign-up was successful
(Harper, $27.99)
In this “fascinating read,” behavioral economist Dan Ariely demonstrates that though humans aren’t always rational, that’s “not necessarily a bad thing,” said Chuck Leddy in The Boston Globe. Ariely’s book “is an eye-opening, insightful look at human behavior,” particularly when he asks what actually motivates people to work. Ariely suggests that there comes a point at which big bonuses “actually may make performance worse,” said Chris O’Brien in the San Jose Mercury News. He uses the following analogy: “Imagine you’re going to have brain surgery,” he says. “And you tell the doctor, ‘If you do well then I will buy you a boat. But if this turns out badly, I will sue you.’” The pressure to perform in this scenario actually impedes performance—not unlike when executives have huge bonuses on the line. “It dampens creativity rather than amplifies it.” That’s not to say that money doesn’t motivate. “The problem is too much money.”
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The Olympic timekeepers keeping the Games on trackUnder the Radar Swiss watchmaking giant Omega has been at the finish line of every Olympic Games for nearly 100 years
-
Will increasing tensions with Iran boil over into war?Today’s Big Question President Donald Trump has recently been threatening the country
-
Corruption: The spy sheikh and the presidentFeature Trump is at the center of another scandal