Monday, August 23, 2004



The Wisdom of Crowds by James Surowiecki

This is one of the most interesting books I've read in a long time. It's intended for a broad audience including non intuitives, but for the intuitive, it is a delightful parsing of the world we live in. It substantiates the things we know about people and their ability to perceive beyond the five senses.

It is almost as if you took a room full of people and asked them for a solution, you would tap into the higher mind which is what the intuitive does without having all those other people involved.

The book looks at politics and economics, primarily. This is because when money is involved, the answers get sharper, people try harder....

The book deals with some interesting current events, including the inability of various security forces in America to predict 911. When Dick Grasso got kicked out of his high salaried job at the New York Stock Exchange, did it occur to you this was odd, since it's a private company and they can pay him anything they want? From whence the hue and outcry? And why was it able to bring such pressure to bear on the NYSE Board of Directors? This book has the answer.

Why do we tip waiters and taxi cab drivers when we wouldn't think of tipping the doctor for a good treatment?

Surowiecki discusses small group performance in sports, military, banking, business ... and gives some vivid examples of what works and what doesn't work.

For anyone interested in human behavior -- not idealized hopes for human behavior but how people really beahvior and the quantifiable results, this book is a great late summer read.

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