Central bank Quote 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

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

— James Surowiecki

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

— James Surowiecki

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

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

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

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

There's no debt limit in the Constitution.

— James Surowiecki

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

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

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

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