- Economic System
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- Nov 07, 2020
James Surowiecki Quotes
Most Famous James Surowiecki Quotes of All Time!
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- Last Updated on May 30, 2021
- People
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- Nov 07, 2020
In practice, downsizing is too often about cutting your work force while keeping your business the same, and doing so not by investments in productivity-enhancing technology, but by making people pull 80-hour weeks and bringing in temps to fill the gap.
- Economy
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- Nov 07, 2020
Downsizing itself is an inevitable part of any creatively destructive economy.
- Investment
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- Nov 07, 2020
What the investment community does like is short-term measures designed to boost share prices.
- Confronting
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- Nov 07, 2020
Defense contractors are able to reap tremendous profits while rarely confronting the risks for which those profits are supposed to be the reward.
- Crazy
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- Nov 07, 2020
In a world where companies increasingly know about their business in real time, it makes no sense that public reporting mostly follows the old quarterly schedule. Companies sit on vital information until reporting day, at which point the market goes crazy.
- Getting
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- Nov 07, 2020
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.
- Hallway
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- Nov 07, 2020
On the simplest level, telecommuting makes it harder for people to have the kinds of informal interactions that are crucial to the way knowledge moves through an organization. The role that hallway chat plays in driving new ideas has become a cliche of business writing, but that doesn't make it less true.
- Good
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- Nov 07, 2020
Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.
- Banking
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- Nov 07, 2020
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
- Prohibition
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- Nov 07, 2020
The ban on sports betting does exactly what Prohibition did. It makes criminals rich.
- Government
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- Nov 07, 2020
Unlike most government programs, Social Security and, in part, Medicare are funded by payroll taxes dedicated specifically to them. Some of the tax revenue pays for current benefits; anything that's left over goes into trust funds for the future. The programs were designed this way for political reasons.
- Future
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- Nov 07, 2020
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
- Guaranteeing
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- Nov 07, 2020
Of course, plenty of people don't think that guaranteeing affordable health insurance is a core responsibility of government.
- Corporate
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- Nov 07, 2020