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Economy Quotes by James Surowiecki

8 Economy quotes by James Surowiecki

All Economy quotes James Surowiecki’s page

For readers curious about a journalist who blends economics with storytelling, these eight snippets provide a tidy entry point. Though limited in number, they capture the essence of his observations on markets, crowds, and the forces that shape wealth.

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Downsizing itself is an inevitable part of any creatively destructive economy.

James Surowiecki

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Of course, presidents are always blamed or rewarded for the state of the economy.

James Surowiecki

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To be sure, if you watch CNBC all day long you'll pick up some interesting news about particular companies and the economy…

James Surowiecki

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Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's…

James Surowiecki

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Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a…

James Surowiecki

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In the heart of the Great Depression, millions of American workers did something they'd never done before: they joined a union. Emboldened…

James Surowiecki

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Unlike fuel-economy standards, the most common method of reducing demand for oil over the past thirty years, a gas tax doesn't tell…

James Surowiecki

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What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to…

James Surowiecki

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More by James Surowiecki

Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that procrastinators are self-handicappers: rather…

James Surowiecki

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Downsizing itself is an inevitable part of any creatively destructive economy.

James Surowiecki

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In the business world, bad news is usually good news - for somebody else.

James Surowiecki

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You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you…

James Surowiecki

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Corporations hope that the right concept will turn things around overnight. This is what you might call the crash-diet approach: starve yourself for a…

James Surowiecki

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Instead of mindlessly tossing billions at or taking billions from the Net as such, investors should be spending their time making sure that it's…

James Surowiecki

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If you thought the advent of the Internet, the spread of cheap and efficient information technology, and the growing fragmentation of the consumer market…

James Surowiecki

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There's no debt limit in the Constitution.

James Surowiecki

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The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact…

James Surowiecki

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A consumer-finance agency is a good thing, but it would do well to teach consumers a simple lesson: if you don't understand the deal…

James Surowiecki

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What corporations fear is the phenomenon now known, rather inelegantly, as 'commoditization.' What the term means is simply the conversion of the market for…

James Surowiecki

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Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic…

James Surowiecki

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Unfortunately, there is something of a flaw in this idealized picture of the way the scientific community discovers truth. And the flaw is that…

James Surowiecki

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Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse…

James Surowiecki

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The profit motive, indecorous though it may seem, may represent the best chance the poor have to reap some of globalization's benefits.

James Surowiecki

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