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Obliquity: Why Our Goals Are Best Achieved Indirectly - Hardcover

 
9781594202780: Obliquity: Why Our Goals Are Best Achieved Indirectly
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A leading economist charts the indirect road to happiness and wealth.

Using dozens of practical examples from the worlds of business, politics, science, sports, literature, even parenting, esteemed economist John Kay proves a notion that feels at once paradoxical and deeply commonsensical: The best way to achieve any complex or broadly defined goal-from happiness to wealth to profit to preventing forest fires-is the indirect way. As Kay points out, we rarely know enough about the intricacies of important problems to tackle them head-on. And our unpredictable interactions with other people and the world at large mean that the path to our goals-and sometimes the goals themselves-will inevitably change. We can learn about our objectives and how to achieve them only through a gradual process of risk taking and discovery-what Kay calls obliquity.

Kay traces this pathway to satisfaction as it manifests itself in nearly every aspect of life. The wealthiest people-from Andrew Carnegie to Bill Gates-achieved their riches through a passion for their work, not because they set materialistic goals. Research has shown that companies whose goal (as declared in mission statements) is excellent products or service are more profitable than companies whose stated goal is increasing profits. In the personal realm, a large body of evidence shows that parenthood is on a daily basis far more frustrating than happy- making. Yet parents are statistically happier than nonparents. Though their short-term pleasure is often thwarted by the demands of childrearing, the subtle-oblique-rewards of parenthood ultimately make them happier.

Once he establishes the ubiquity of obliquity, Kay offers a wealth of practical guidance for avoiding the traps laid by the direct approach to complex problems. Directness blinds us to new information that contradicts our presumptions, fools us into confusing logic with truth, cuts us off from our intuition (which is the subconscious expression of our experience), shunts us away from alternative solutions that may be better than the one we're set on, and more. Kay also shows us how to acknowledge our limitations, redefine our goals to fit our skills, open our minds to new data and solutions, and otherwise live life with obliquity.

This bracing manifesto will convince readers-or confirm their conviction-that the best route to satisfaction and success does not run through the bottom line.

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Review:
Read this book for pleasure, and indirectly - obliquely - you will gain invaluable insights into how successful decisions are made. (Mervyn King, Governor of the Bank of England)

John Kay has long been our wittiest and most perceptive interpreter of economic theory. And now that circumstances have given the theory a bit of a kicking, he has become the most challengingly lateral: here is an ingenious riff about unintended consequences. Kay argues that hunger for profit is rarely satisfying. Instead, messianic commitment to products and consumers makes businesses enduringly successful. But Obliquity is not so much humble recantation as brilliant re-statement: this on-the-money re-design of economics proves the efficiency of markets. (Stephen Bayley, architecture and design critic for The Observer)

Obliquity is a very timely and clever book because it is written by one who sees clearly that, in place of the crashing intellectual and moral certainties that appeared to underpin our understandings of the modern world, we need a heavy dose of human understanding and indeed humility. (Anthony Seldon)

From Vietnam to Iraq, Sony to ICI, Chess to mountaineering, John Kay tells a fast-paced detective story as he searches for the surprising secret to success in politics, business and life. Kay is persuasive, rigorous, creative and wise. Brilliant. (Tim Harford, author of The Undercover Economist and The Logic of Life)

John Kay is an admirable debunker of myths and false beliefs -- he can see substantial things others don't. Read this book. (Nassim N Taleb, author of The Black Swan)

John Kay builds on a great philosophical tradition - stretching back through Charles Darwin and Adam Smith - that understands how remarkable things can be achieved without anybody understanding how or even intending them. He has taken this idea and applied it with style to modern conundrums from the physics behind Beckham's goals to the mathematics behind Buffett's riches. A great book. (Matt Ridley, author Genome and Nature Via Nurture)

An elegant new book...Kay applies his insight to art, politics, sport and family life (Heather Stewart Observer)

Obliquity is a characteristic John Kay production. It is a pleasure to read (Howard Davies Financial Times)

Fascinating (Richard Lambert, Director-General of the CBI)

Kay is one of our most dependably perceptive and interesting economic commentators and he wields a deft pen, so the pages of Obliquity fly by. (John McLaren Management Today)
Book Description:
An original, widely-applicable concept from one of the world's foremost economists. Obliquity will be The Tipping Point for the new decade

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  • PublisherPenguin Pr
  • Publication date2011
  • ISBN 10 1594202788
  • ISBN 13 9781594202780
  • BindingHardcover
  • Number of pages228
  • Rating

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