Alchemy: The Surprising Power of Ideas That Don't Make Sense, Rory Sutherland, 2019

Rating: 5/5

Rory Sutherland is the vice-chairman of Ogilvy UK and uses his vast experience and trove of interesting anecdotes to put together a book on how irrational thinking often works better, which is interesting even for a logical thinking reader such as me. Right at the outset, Sutherland lists downs his 11 rules of alchemy. These are basically all variations of each other and Rule #6 encapsulates the direction that the book will take: The problem with logic is that it kills off magic.

Sutherland's basic premise is that rational analysis is based on big data that comes from the past and cannot account for an unexpected event. Which is why irrational thinking creates alchemy. Also, humans do not behave rationally all the time. Why else would perfectly sane people pay $5 for a drink that they can make for pennies at home (Starbucks) or why would a coarse uncomfortable fabric that takes ages to dry and popular with labourers become fashionable (jeans)? He gathers his argument in six well-structured sections and then follows that up with a seventh where he lays out his recommendations. While a large part of what he writes is related to the advertising or marketing fields in some way or the other, he has used examples from other areas as well to buttress his arguments.

One of the most fascinating aspects of the book are the various anecdotes strewn through it such as the one on Red Bull's success (it was expensive, came in a tiny can and had a disgusting taste as per consumer trials, all counterintuitive to a successful launch) or the story of striped toothpaste (it mixes in your mouth anyway but signals to the user that it fulfils two functions) or how mailer donation campaigns work better if the return envelope has the flap on the shorter side (as it seems more appropriate to slip a cheque in).

The book is not without its problems. In his desire to hammer down the key argument of the book, Sutherland makes it completely one-sided. In the process, he pooh-poohs economists and logical thinkers several times in the book which can be somewhat off-putting. Having said that, the breezy style of writing and some fascinating insights coupled with interesting stories make this a worthwhile read. The various footnotes in each chapter, by themselves, would make compelling reading!

Pros: Fascinating anecdotes, compelling arguments

Cons: The constant putting down of logic is somewhat off-putting