Phrase by 'James Surowiecki'
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In the auto industry, there's one thing you can always count on: if a new environmental or safety rule is proposed, executives will prophesy disaster.
Author: James Surowiecki - American JournalistYou , New , Safety , Environmental
Publishers, naturally, loathe used books and have developed strategies to depress the secondhand market. They bring out new, even more expensive editions of popular textbooks every three to four years, in a classic cycle of planned obsolescence.
Author: James Surowiecki - American JournalistMore , New , Three , Classic
I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the fact that markets seemed to work well even though people are often irrational, lack good information and are not perfect in the way they think about decisions.
Author: James Surowiecki - American JournalistPeople , Work , Good , Business
Sometimes even a smart crowd will make a mistake.
Author: James Surowiecki - American JournalistSometimes , Will , Mistake , Smart
The challenge for capitalism is that the things that breed trust also breed the environment for fraud.
Author: James Surowiecki - American JournalistTrust , Challenge , Environment , Fraud
Nike used to be known as Blue Ribbon Sports. What's now Sara Lee used to be Consolidated Foods. And Exxon was once Standard Oil Company of New Jersey. These were name changes that worked. But for all the ones that do, there are 10 or 20 that don't.
Author: James Surowiecki - American JournalistNew , Name , Sports , Blue
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