Phrase by 'James Surowiecki'
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When all is said and done, cheap gas is an illusion, because our reliance on gas creates a whole series of costs that aren't factored in to the pump price - among them congestion, pollution, and increased risk of accidents.
Author: James Surowiecki - American JournalistPrice , Illusion , Accidents , Pollution
Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.
Author: James Surowiecki - American JournalistSometimes , People , Smart , Circumstances
If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.
Author: James Surowiecki - American JournalistBusiness , Success , Driving , Computers
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.
Author: James Surowiecki - American JournalistValue , Will , Better , Price
Moviegoers love the intricacies of a crime all the more when it's for a good cause.
Author: James Surowiecki - American JournalistLove , More , Good , Crime
Capitalism, after all, is no fun when real failure becomes a possibility.
Author: James Surowiecki - American JournalistFun , Capitalism , Failure , Real
Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.
Author: James Surowiecki - American JournalistRed , Often , Deal , Developing Countries
You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.
Author: James Surowiecki - American JournalistYou , Time , Value , Money
If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.
Author: James Surowiecki - American JournalistWant , Simple , Better , Free
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.
Author: James Surowiecki - American JournalistCrisis , Big , Financial , Investment
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