Sea of Noise

Mon, 31 May 2004

The Wisdom of Crowds

Another new book on my must-read list is The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies, and Nations by James Surowiecki, which is reviewed this month in The Christian Science Monitor. Its theme echoes that of classic economic works such as Hayek's ">The Use of Knowledge in Society" or Smith's The Wealth of Nations. [via Disinformation]

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