The Wisdom of Crowds by James Surowiecki
Friday, October 28th, 2005Reviewed by L.D.Y.
Hardcover (available in trade), 296 pages, 2004
Rating: 8/10
Reason for Reading: It caught my eye on amazon.ca’s best of 2004 list.
Synopsis: Experts are experts because they’re smarter than the average random crowd walking down the street, right? Maybe not. Surowiecki sets out to prove that as long as certain conditions are met, group decisions and actions can average out to a better choice than ones even experts can come up with. From Google to traffic jams to taxes, Surowiecki demonstrates time and time again that society could be much better if we’d drop the idea of the solitary genius and instead consider everyone’s input.


