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The Wisdom of Crowds
In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant—better at solving problems, fostering innovation, coming to wise decisions, even predicting the future. With boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.
An Analysis of James Surowiecki's The Wisdom of Crowds
In The Wisdom of Crowds, New Yorker columnist, Surowiecki, explores the question of whether the many are better than an elite few – no matter their qualifications – at solving problems, promoting innovation and making wise decisions. Surowiecki’s text uses multiple case studies and touches on the arenas of pop culture, sociology, business management and behavioural economics among others. Surowiecki’s is a fascinating text that is key to considerations and theorisations about economics, politics and sociology.
A Piece of the Action
Now with a new introduction describing the fallout of America’s consumer credit boom, 1994’s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs—resulting in profound societal change. “America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California.” So begins Joe Nocera’s riveting account of one of the most astonishing revolutions in modern American life—what Nocera labels “the money revolution.” In the decade...
Best Business Crime Writing of the Year
From some of our most talented and perceptive crime writers—an entertaining anthology of true stories from the front lines of the war zone that has become American business today. • “Lovely and juicy. It's all about egos, excess, lack of caution.” —USA Today A year ago it would have been difficult to conceive of an anthology of stories solely devoted to corporate malfeasance. Today, the challenge has been to keep it confined to one volume. From P.J. O’Rourke’s hilarious “How To Stuff A Wild Enron,” in which he compares trying to understand Enron’s finances to trying to buy an airline ticket at the best price, to Marc Peyser’s’s perceptive look at that American institu...
Summary of James Surowiecki's The Wisdom of Crowds
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The TV show Who Wants to Be a Millionaire. pitted group intelligence against individual intelligence, and every week, group intelligence won. The results would never stand up to scientific scrutiny, but it is hard to resist the thought that the success of the Millionaire audience was a modern example of the same phenomenon that Francis Galton saw a century ago. #2 The group intelligence demonstrated by the jelly-beans-in-the-jar experiment is not the same for every single group. In many cases, there will be a few people who do better than the group, which is a good thing since it gives people reason to...
The Warhol Economy
Which is more important to New York City's economy, the gleaming corporate office--or the grungy rock club that launches the best new bands? If you said "office," think again. In The Warhol Economy, Elizabeth Currid argues that creative industries like fashion, art, and music drive the economy of New York as much as--if not more than--finance, real estate, and law. And these creative industries are fueled by the social life that whirls around the clubs, galleries, music venues, and fashion shows where creative people meet, network, exchange ideas, pass judgments, and set the trends that shape popular culture. The implications of Currid's argument are far-reaching, and not just for New York. ...
The Gridlock Economy
Twenty-five new runways would eliminate most air travel delays in America; fifty patent owners are blocking a major drug company from creating a cancer cure; 90 percent of our broadcast spectrum sits idle while American cell phone service suffers. These problems have solutions that can jump-start innovation and help save our troubled economy. So, what's holding us back? Michael Heller, a leading authority on property, reveals that while private ownership creates wealth, too much ownership means that everyone loses. Startling and accessible, The Gridlock Economy offers insights on how we can overcome this preventable paradox.
Get Better at Getting Better
What makes people succeed? Why do some people succeed, while others struggle despite working hard? This book is based on the insight that success is not about how good you are but how powerful a model you have to improve how good you are. Chandramouli Venkatesan calls it the Get-Better Model, or GBM. Successful people are those who are able to build a powerful GBM to continuously improve themselves, and this book will show you how to do it. A GBM is made up of four key components and these must be practised deliberately for getting better-getting better by yourself; getting better by leveraging others; making others get better; and making and implementing a get-better plan. This powerful and life-changing book thus shows how you can constantly get better to unlock your potential at work and in life.
Compelling People
'This is not just another pop-psych book: it's the first book to capture and share the insights from all the recent groundbreaking research on how we judge and persuade each other. And it translates that into simple, practical terms anyone can use to build more effective relationships at the office or home' Amy Cuddy HOW PEOPLE JUDGE YOU - AND HOW TO COME OUT LOOKING GOOD Everyone wants to know how to be more influential. But most of us don't really think we can have the kind of magnetism or charisma that we associate with someone like Bill Clinton or Oprah Winfrey unless it comes naturally. In Compelling People - now required reading at Harvard Business School - John Neffinger and Matthew K...
The Wisdom of Crowds
Concluding the AGE OF MADNESS trilogy, THE WISDOM OF CROWDS brings the series which is revolutionising fantasy to its stunning conclusion. . . Chaos. Fury. Destruction. The Great Change is upon us . . . Some say that to change the world you must first burn it down. Now that belief will be tested in the crucible of revolution: the Breakers and Burners have seized the levers of power, the smoke of riots has replaced the smog of industry, and all must submit to the wisdom of crowds. With nothing left to lose, Citizen Brock is determined to become a new hero for the new age, while Citizeness Savine must turn her talents from profit to survival before she can claw her way to redemption. Orso will find that when the world is turned upside down, no one is lower than a monarch. And in the bloody North, Rikke and her fragile Protectorate are running out of allies . . . while Black Calder gathers his forces and plots his vengeance. The banks have fallen, the sun of the Union has been torn down, and in the darkness behind the scenes, the threads of the Weaver's ruthless plan are slowly being drawn together . . .
