Foolproof, Greg Ip
Foolproof, Greg Ip
List: $27.99 | Sale: $19.59
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Foolproof
Why Safety Can Be Dangerous and How Danger Makes Us Safe

Author: Greg Ip

Narrator: Jeremy Arthur

Unabridged: 8 hr 43 min

Format: Digital Audiobook Download

Published: 10/13/2015

Includes: Bonus Material Bonus Material Included


Synopsis

How the very things we create to protect ourselves, like money market funds or anti-lock brakes, end up being the biggest threats to our safety and wellbeing.

We have learned a staggering amount about human nature and disaster -- yet we keep having car crashes, floods, and financial crises. Partly this is because the success we have at making life safer enables us to take bigger risks. As our cities, transport systems, and financial markets become more interconnected and complex, so does the potential for catastrophe.

How do we stay safe? Should we? What if our attempts are exposing us even more to the very risks we are avoiding? Would acceptance of danger make us more secure? Is there such a thing as foolproof?

In Foolproof, Greg Ip presents a macro theory of human nature and disaster that explains how we can keep ourselves safe in our increasingly dangerous world.

Reviews

Goodreads review by Biblio on September 20, 2015

If people are injuring their heads when they fall off their bicycles, the solution is to make them wear helmets. It's simple. But what happens then is not quite what you might think. It's true that when people fall off their bikes and hit their heads, their injuries are less severe with the helmet o......more

Goodreads review by Athan on November 11, 2016

Over the years Greg Ip had transitioned in my perception from financial journalist and follower of the latest economic news to something higher. His surveys of the US economy were well worth pulling out of the middle of the Economist and keeping as a reference. This book calls that judgement into que......more

Goodreads review by Jason on October 18, 2015

Foolproof was excellent and much more subtle and thought provoking than its subtitle “Why Safety Can Be Dangerous and How Danger Makes Us Safe” would lead you to think. Instead of a retread of the well known Peltzman effect (the idea that innovations design to enhance safety just lead to greater ris......more

Goodreads review by Morgan on June 19, 2015

Note: this is a GoodReads "first reads" review Foolproof — like "Freakonomics" without the filler. Greg Ip, former economics editor for the Economist, and current economics commentator for the Wall Street Journal delivers an impressive perspective on economics which really shines in this book. Before......more

Goodreads review by Kemp on November 25, 2024

Economics and finance wrapped around discussions of risk, safety, and how we have trouble evaluating it. Dry, with spots of moisture. Ip weaves into his financial discussions behavioral aspects that increase danger or increase participation in dangerous activities there by mitigating the safety benef......more


Quotes

One of The Financial Times' best books of 2015

"In this incisive and richly reported book, Greg Ip forces us to rethink our assumptions about risk. He shows that progress might depend on less safety, not more -- and that stability can often be destabilizing. FOOLPROOF is the rare book you'll be thinking about long after you've turned the final page."—Daniel H. Pink, author of Drive and To Sell Is Human

"Drawing on a fascinating range of stories about forest fires and flood control, football helmets and anti-lock brakes, bank runs and epidemics, Foolproof is about the unintended and often very surprising consequences of our attempts to protect ourselves from disasters. Illuminating and entertaining, this book will change the way you think about the world of risk."—Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance: The Bankers Who Broke the World

"The safer you are, the more you are at risk; crises are born of success as much as failure. Surveying a century of struggles to fend off catastrophe, from financial panic to forest fires, Greg Ip explores these paradoxes deftly, cementing his position as a leading observer of the modern economy--and of the human condition."—Sebastian Mallaby, author of More Money Than God

"This book is so much fun to read that it's easy to forget it's also very important. We live, now, in a world of constant risk--financial, geopolitical, meteorological. There are so many risks that many of us become either numb or blindly panicked or, somehow, both. Greg Ip has written a beautiful guide to thinking properly about the risks we face. It is a book that can make you feel empowered and optimistic, even as it details some of the scariest challenges we face. It's a book we need now, in a world that has become so complex that it's outrun our human brain's ability to make proper sense of the risks we face. But don't read it because it's important. Read it because it's fun, it has good narratives, some psychology, a bit of (easy, enjoyable) maths and a lot of clear, common sense. You will feel smarter and more capable and you will have tons of stories to tell your friends."—Adam Davidson, co-founder and co-host of Planet Money

"It has been said that the problem with making things idiot-proof is that someone will just build a better idiot. Greg Ip's new book shows us just how that happens, from anti-lock brakes to the gold standard, to the financial crisis we are still reckoning with today. Deftly written and filled with lucid explanations of complex topics, this is a must-read for anyone who wants to understand why seemingly safe territory so often turns out to be dangerous quicksand."—Megan McArdle, author of The Up Side of Down

"[An] eye-opening book about risk-taking and crisis.... A provocative challenge to the tendency to elevate ideology over thoughtfulness."—Kirkus Reviews

"Foolproof may change the way you think about some of the most important political, economic and social problems besetting us. It changed my thinking.... An elegant antidote to our myopia.... Foolproof could produce a national, and deserves to be the next, Tipping Point."—Ralph Benko, Forbes

"A powerful and original book on a vital subject - read it!"—Tim Harford, author of The Undercover Economist Strikes Back

"A thoughtful, entertaining read for those interested in the inner workings of global risk management."—Publishers Weekly

"A short, sharp history of the United States' never-ending search for safety."—Charles Lane, Washington Post