The Wisdom of Crowds
- Why the Many Are Smarter than the Few
- Narrated by: Erik Singer
- Length: 5 hrs and 44 mins
- Abridged Audiobook
- Release date: 20-05-04
- Language: English
- Publisher: Random House Audio
Despite the sophistication of his arguments, Surowiecki presents them in a wonderfully entertaining manner. The examples he uses are all down-to-earth, surprising, and fun to ponder. Why is the line in which you're standing always the longest? Why is it that you can buy a screw anywhere in the world and it will fit a bolt bought ten-thousand miles away? Why is network television so awful? If you had to meet someone in Paris on a specific day but had no way of contacting them, when and where would you meet? Why are there traffic jams? What's the best way to win money on a game show? Why, when you walk into a convenience store at 2:00 A.M. to buy a quart of orange juice, is it there waiting for you? What do Hollywood mafia movies have to teach us about why corporations exist?
The Wisdom of Crowds is a brilliant but accessible biography of an idea, one with important lessons for how we live our lives, select our leaders, conduct our business, and think about our world.
"The author has a knack for translating the most algebraic of research papers into bright expository prose..." ( The New York Times Book Review)
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Customer ReviewsMost Helpful
By TomContributes on 30-05-15
(Just) Collection of Stories
I find the topic very interesting (+1 star) as some examples of crowd decisions. What I missed is lack of systematic analysis of cases that would lead to building stronger, more structured conclusions.
0 of 1 people found this review helpful
Customer ReviewsMost Helpful
By Hamad on 12-08-04
great discourse on group dynamics....
i liked this book and to be honest (as i "read" this in audible format) i kept drifting from time to time so i will definitely go through it again.
surowiecki makes the point - in short - that diverse groups of people (crowds), regardless of how uninformed they are, are the best way to get the best answers and make the wisest decisions.
the book contains a ton of anecdotes and examples (and i got the abridged edition too!) like the fact that 40% of americans polled during the height of the cold war thought the Soviet Union was a member of NATO but then goes on to prove that this is immaterial in the larger scheme of things.
7 of 7 people found this review helpful
By D on 03-10-05
One interesting idea, but this book lacks wisdom
I kept hoping after hours of listening I there would be a pay off. No luck. the most interesting finding, that certain crowds, if they are diverse enough are wiser, than their wisest member, is revealed at the beginning. Many anecdotes, and little wisdow, in fact a suprising level of ignorance about capitalism and people, fill the following ten hours. Well narrated.
5 of 5 people found this review helpful