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Highlights from James Surowiecki's book The Wisdom of Crowds
H. L. Mencken who once wrote, "No one is this world, so far as I know, has ever lost money by underestimating the intelligence of the great masses of the plain people." Well, perhaps he was wrong, Surowiecki finds that non-experts are collectively smarter than individual experts or even small groups of experts.
Francis Galton
The 20th century British scientist Francis Galton believed that political power should stay within the hands of the few well-bred individuals. Hence, he devoted much of his career to measuring physical and mental qualities of ordinary people.
RT @streetsahead: Ready to end your summer with a bang? 30/31 July, Castlefield. FREE! Need we say more? 😋 https://t.co/aMBvvTkVRt —
6 days 14 hours ago
RT @RCLFest: Never Too Old, an outdoor theatre production will be at the festival. We are very excited to welcome @Frolicked to… https://t.co/fWu6UlvNA2 —
1 month 2 weeks ago
It's World Puppetry Day! And what better way to celebrate than with our glorious, birds at Fairhaven Lake, where ou… https://t.co/WEaQWVpypE —
3 months 2 weeks ago
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