The Business Intellectuals Book Club is an book club dedicated to furthering an intellectual understanding of business and the abstract principles underlying how organizations, people, and products interact within a market environment. To this end, we will study organizational behavior, self-improvement, technology, law, economics, marketing, psychology, philosophy, futurology, interpersonal interactions, biographies, strategy, prediction-making, and anything else relevant for understanding this aspect of our lives and our society. Please join us if you're a perpetual business student, or curious dabbler, or guru, or futurist, or rogue economist looking for intellectual companionship; we welcome you so long as you are intelligent, curious, and willing to contribute.
We are primarily an intellectual discussion group. We will try to have readings that are valuable, we will strive to find lessons to be learned from the books we read, and we hope to have positive relations between everyone in our group; our focus, however, is on interesting or influential writings/subjects relating to business. This approach may not be for everyone, and please be aware of that. With that said, here's a few rules to keep in mind:
1) This group does not exist just to promote your business. We like hearing about cool and exciting things, and we'd like to get to know you, but please be mindful that we're here to talk about exciting and interesting books.
2) This group does not exist to endorse your pet idea. It's great to have ideas, and we love to talk about ideas, but this group exists to explore ideas and even to be humble about these ideas.
3) This group does not exist for your personal stump speech. We're about dialogues, not monologues. We'll love to hear what you have to say, but we'll also need for you to recognize it's a give and take.
4) This group does not exist for the sake of being pretentious. It's ok to have some pride, but honestly, we hope to be honest enough to call the bullshit where it is and to be able to have a relaxed and fun time talking about some classic texts on how the world works.
5) This group does not exist to talk about personal political beliefs or personal religious beliefs. Having a belief system is fine. We're more about a shared space for dialogue on our specific topics.
6) We do exist to discuss the texts we read, to form relationships, and to have a great time while doing this. We do exist to criticize the texts and analyze the arguments. We do exist to be unpretentious and fun while engaging this weighty subject. We definitely exist to maximize our utility. ;)
Predictably Irrational by Dan Ariely is a popular introduction to concepts in behavioral economics, as well as applications. Dr Ariely is a professor in psychology and economics at Duke University and is a leading expert in behavioral economics. This book will guide you on how perceptions anchor people's expectations, and how actual human beings make decisions.
Our book can be found here: https://smile.amazon.com/Predictably-Irrational-Revised-Expanded-Decisions/dp/0061353248/
A few questions to think on:
1) How has your irrationality shaped your decision-making? How do you reign it in?
2) How do you manage information in order to change other people's decision-making?
3) What hacks have you discovered?