James Surowiecki Quotes
Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.
Surowiecki, James. The Wisdom of Crowds. Doubleday, 2004, p. xiii.
“The Wisdom of Crowds” is a digital information theory‘ that a very large number of people might make a better quality decision that a few experts in an area. Bruni was a critic of this notion.
In one of its most effective relief programs, the United States saved millions of Russians in the famine of 1921-1922. However, millions more starved to death and died of disease. The United States had at any one time 200 Americans, under Herbert Hoover, who were fighting to save as many as possible despite some on America wanting to show how the Communist Government was incapable of handling the situation, which they clearly were.
James Michael Surowiecki is an American journalist. He was a staff writer at The New Yorker, where he wrote a regular column on business and finance called "The Financial Page".