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James Surowiecki Quotes

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There’s no debt limit in the Constitution  (James Surowiecki Quotes) Sometimes even a smart crowd will make a mistake  (James Surowiecki Quotes) Flexible supply chains are great for multinationals and consumers. But they erode already thin profit margins in developing-world factories and foster a pell-mell work environment in which getting the order out the door is the only thing that matters  (James Surowiecki Quotes) Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that make groups intelligent - independence, diversity, private judgement-disappear  (James Surowiecki Quotes) I think people don’t understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.  (James Surowiecki Quotes) In confusing stock options with ownership, corporations confuse trappings with substance  (James Surowiecki Quotes)