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The Voltage Effect
- Narrated by: Will Damron
- Length: 8 hrs and 26 mins
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Publisher's Summary
Brought to you by Penguin.
Why do some ideas make it big while others fail to take off? According to award-winning behavioural economist John List, the answer comes down to a single question: can the idea scale?
Countless enterprises fall apart the moment they scale; their positive results fizzle, they lose valuable time and money and the great electric charge of potential that drove them early on disappears. In short, they suffer a voltage drop. Yet success and failure are not about luck - in fact, there is a rhyme and reason as to why some ideas fail and why some make it big. Certain ideas are predictably scalable, while others are predictably destined for disaster.
In The Voltage Effect, University of Chicago economist John A List explains how to identify the ideas that will be successful when scaled and how to avoid those that won't. Drawing on his own original research, as well as fascinating examples from the realms of business, government, education and public health, he details the five signature elements that cause voltage drops and unpacks the four proven techniques for increasing positive results - or voltage gains - and scaling great ideas to their fullest potential.
By understanding the science of scaling, we can drive change in our schools, workplaces, communities and society at large. Because a better world can only be built at scale.
Critic Reviews
"By far the best book I've ever read on the how and why of scaling. If you care about changing the world, or just want to make better decisions in your own life, The Voltage Effect is for you." (Angela Duckworth, CEO of Character Lab and New York Times best-selling author of Grit)
"One of the best economics books I have ever read - and an instant classic in behavioral economics." (Cass R. Sunstein, Robert Walmsley university professor, Harvard University, and New York Times best-selling coauthor of Nudge)
"Thought-provoking and engaging. A must-read." (Daron Acemoglu, institute professor at MIT and coauthor of Why Nations Fail and The Narrow Corridor)
What listeners say about The Voltage Effect
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- Amazon Customer
- 17-02-2022
What A Find
An absolute gem of a book. I first came across John in a podcast called remarkable people, and what a remarkable thinker.
The insights in this book have helped me view my business in a different light. Also I gained some nice behavioural economics insight. A fantastic read for any business owner who is looking for ways to scale their business and ways to better understand their customers and serve their communities.
Thanks for creating a book that is so digestible.
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