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The Wisdom Of Crowds
Why the Many are Smarter than the Few and How Collective Wisdom Shapes Business, Economics, Society and Nations
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Check link for latest rating. ( 24,776 ratings, 859 reviews)
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book is ideal for readers interested in economics, business, psychology, and social science, particularly those curious about collective decision-making and market dynamics. It suits both general readers and professionals looking for insightful perspectives on how groups influence society and economy.
* Subtitle: 'Why the Many are Smarter than the Few and How Collective Wisdom Shapes Business, Economics, Society and Nations'.
* * Review round-up coverage anticipated across the national press * Submitted for trade promotions * Reading copies available
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
In this landmark work, New Yorker columnist James Surowiecki explores a seemingly counter-intuitive idea that has profound implications. Decisions taken by a large group, even if the individuals within the group aren't smart, are always better than decisions made by small numbers of 'experts'.
This seemingly simple notion has endless and major ramifications for how businesses operate, how knowledge is advanced, how economies are (or should be) organised, and how nation-states fare. With great erudition, Surowiecki ranges across the disciplines of psychology, economics, statistics, and history to show just how this principle operates in the real world.
Along the way, Surowiecki asks a number of intriguing questions about a subject few of us actually understand—economics. What are prices? How does money work? Why do we have corporations? Does advertising work? His answers, rendered in a delightfully clear prose, demystify daunting prospects.
As Surowiecki writes: 'The hero of this book is, in a curious sense, an idea, a hero whose story ends up shedding dramatic new light on the landscapes of business, politics, and society'.
Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
The book is praised for its bright and lucid prose, combining rigorous thought with entertaining examples, making complex subjects accessible and engaging. Reviewers from the Sunday Times, Financial Times, and Herald commend Surowiecki's ability to make a convincing and provocative case. Malcolm Gladwell calls it "dazzling" and "the most brilliant book on business, society and everyday life" he has read in years. GQ highlights it as a stylish, offbeat counterpoint to traditional expert opinions.
Book Details
INFORMATION
ISBN: 9780349116051
Publisher: Little, Brown Book Group
Format: Paperback / softback
Date Published: 03 March 2005
Country: United Kingdom
Imprint: Abacus
Audience: General / adult
DIMENSIONS
Spine width: 22.0mm
Width: 126.0mm
Height: 196.0mm
Weight: 260g
Pages: 320
About the Author
James Surowiecki is a columnist for the NEW YORKER. This is his first book.
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