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Daily Archive September 12th, 2004

Do crowds make better decisions than individuals? Yes, says author James Surowiecki in The Wisdom of Crowds

Filed in Books
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THE WISDOM OF CROWDS BY JAMES SUROWIECKI Why the many are smarter than the few and how collective wisdom shapes business, economies, societies, and nations Traditionally, social sciences view the crowd as an unpredictable, dumb, and panicky monster. Now there is another point of view. New Yorker columnist James Surowiecki, who writes a popular business […]