5min chapter

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Training a subscriber for Oxford Interview

Prakhar Ke Pravachan

CHAPTER

Wisdom of the Crowds

Wisdom of the crowds a failing example. Democracy me over grazing, over fertilization of fields. That ruin the whole land for everybody. The wisdom of the crowds has sentenced the people who do not have insurance to death. Some people will never be educated and escape their soci conomic lass. So many times ther his wisdom of the crowd failsi i cannot think of a more stark example. But there is many examples where you would rather have some intervention. In the long term, the market fixes itself. A british economist comes in the room, and he says: 'In the long run, all of us are dead'

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