It may be that the very qualities that help people get ahead are the ones that make them ill-suited for managing crises. It’s hard to prepare for the worst when you think you’re the best. James Surowiecki Read Quote
Traditionally, tours were a means of promoting a record. Today, the record promotes the tour. James Surowiecki Read Quote
Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation. James Surowiecki Read Quote
There are certainly valid reasons for taking a company private, and it’s also possible that C.E.O.s perform better when monitored by a small number of owners in a private company rather than by the dispersed and often uninterested shareholders of a public corporation. James Surowiecki Read Quote
The Internet has become a remarkable fount of economic and social innovation largely because it’s been an archetypal level playing field, on which even sites with little or no money behind them – blogs, say, or Wikipedia – can become influential. James Surowiecki Read Quote
All things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners. James Surowiecki Read Quote
The value of a currency is, ultimately, what someone will give you for it – whether in food, fuel, assets, or labor. And that’s always and everywhere a subjective decision. James Surowiecki Read Quote
A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are. James Surowiecki Read Quote