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The Wisdom of Crowds

The Wisdom of Crowds
Author: James Surowiecki
Publisher: Anchor
Category: Book

List Price: $14.95
Buy New: $7.99
You Save: $6.96 (47%)



New (54) Used (30) Collectible (1) from $7.99

Avg. Customer Rating: 4.0 out of 5 stars 152 reviews
Sales Rank: 1294

Media: Paperback
Number Of Items: 1
Pages: 336
Shipping Weight (lbs): 0.6
Dimensions (in): 8 x 5.2 x 0.8

ISBN: 0385721706
Dewey Decimal Number: 303.38
EAN: 9780385721707
ASIN: 0385721706

Publication Date: August 16, 2005
Availability: Usually ships in 1-2 business days
Condition: Brand new, never read.

Customer Reviews:
Showing reviews 6-10 of 152
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2 out of 5 stars High expectations, yet disappointing   November 12, 2007
 2 out of 2 found this review helpful

I was excited to read Wisdom of Crowds feeling that it would present some unique ideas, however, was disappointed in the presentation and the lack of supporting evidence for some concepts. An alternative to "wisdom of crowds" in my opinion is the knowledge of crowds vs. the wisdom of the few.


5 out of 5 stars Smart, Interesting and Easy to Read   September 21, 2007
 4 out of 5 found this review helpful

This book was a surprise hit for me. I didn't expect to like it, but ended up loving it so much I just had to have a copy on my shelf. Surowieki is very convincing, in part because he takes such care to bring up alternative arguments and respond to each. He also keeps his focus fairly narrow, so the arguments aren't all over the place. I was especially fascinated by his discussion of experts. We rely on them so heavily these days, but now I know to question their expertise. This book has changed the way that I make decisions and the way I evaluate good decision-making in my elected representatives. I recommend this book to anyone interested in making good decisions. It is a smoothly-written book and you won't have any trouble following the arguments or staying 'into' it.


5 out of 5 stars Don't expect a textbook   September 19, 2007
 1 out of 2 found this review helpful

I really like the Wisdom of Crowds because Surowiecki succeeds in explaining complicated and sophisticated ideas in ways that educated people can not only grasp but also incorporate into their own thinking. This is quite an achievement, one that critics of the book have overlooked. This topic has not been open until now to such a wide audience.

Surowiecki never shies from even difficult and abstract statistical concepts. He draws liberally upon academic journals and scholarly books, writing in a style that is at once journalistic and educated.

Yet, Surowiecki never talks down to his reader. Instead he invites the reader to accompany him through an arcane (and dimly lit) maze of statistical practice as it has been developed and utilized for decades by social scientists and economists. The reader is rewarded again and again because Surowiecki points to a partially hidden jewel, holds it up for examination, hands it to the reader and then leaves it in plain sight (often for reference later in the book).

Thus, this book is a remarkable example, a model, for readers (and writers) who wish to bridge the gaps between educated professionals.

My criticism is along different lines. In this extremely visual era, the editors could have widened the audience for the Wisdom of Crowds much further if suitable images could have been commissioned to throw additional light on Surowiecki's prose. But, paper and ink are so much more expensive than artists these days, one can understand the limitations and constraints Doubleday (Random House) were under. On the other hand, why not put up a web site?



3 out of 5 stars Crowds Oh Wisdom   September 19, 2007
 0 out of 2 found this review helpful

Good book and I thought the pace moved along extremely well. There are some significant things in the book that are a bit dated, but overall this is a very interesting book. I also recommend "Beyond Buzz: The Next Generation of Word-of-Mouth Marketing" by Lois Kelly published 2007 to couple with this book. Beyond Buzz: The Next Generation of Word-of-Mouth Marketing


4 out of 5 stars Food for thought   August 21, 2007
 1 out of 2 found this review helpful

I found this book full of sweeping claims, generalizations and is confusing in its presentation. However it made me think. Overall the writer is saying that people independently working on a problem can in a fair vote be more accurate then the smartest individual. He then quotes examples for such behaviour and examples of when the crowds got it wrong when they acted not independently but in mass. I suspect that much of his arguments are sound.

How much I am not sure for example if I asked the average person independently if they believe there was much truth in astrology, I am sure that over 50% would say yes.

However since the book is making much comments, I hope to see some better studies coming forward.

Having said all this it has changed my views on decision making and how to do it.


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