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James Surowiecki Quotes


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Quotes by James Surowiecki

Showing 91-100 of 134 Quotes by James Surowiecki

The history of the Internet is, in part, a series of opportunities missed: the major record labels let Apple take over the digital-music business; Blockbuster refused to buy Netflix for a mere fifty million dollars; Excite turned down the chance to acquire Google for less than a million dollars.

~James Surowiecki

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Sometimes you have to destroy your business in order to save it.

~James Surowiecki

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Movies' mistrust of capitalism is almost as old as the medium itself.

~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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Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.

~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 races, election outcomes, and box-office results. But they're bad at predicting things like who will be the next Supreme Court nominee, as that depends on the whim of the president.

~James Surowiecki

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Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting.

~James Surowiecki

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A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government is effectively subsidizing some jobs over others.

~James Surowiecki

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In industries where a lot of competitors are selling the same product - mangoes, gasoline, DVD players - price is the easiest way to distinguish yourself. The hope is that if you cut prices enough you can increase your market share, and even your profits. But this works only if your competitors won't, or can't, follow suit.

~James Surowiecki

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Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.

~James Surowiecki

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Biography

Nationality: American

Type: Journalist

Born: Unknown

Links

Find James Surowiecki on Amazon

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