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...random gathering of people turned out to be an unexpected collective genius at ox-weight appraisal. Starting with this anecdote, James Surowiecki, financial columnist for the New Yorker, builds a fascinating case, summed up in his title and subtitle: The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations (Doubleday; 296 pages...

Author: /time Magazine | Title: Books: Triumph of the Masses | 5/24/2004 | See Source »

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