James Surowiecki
James Surowiecki
James Michael Surowieckiis an American journalist. He is a staff writer at The New Yorker, where he writes a regular column on business and finance called "The Financial Page"...
NationalityAmerican
ProfessionJournalist
CountryUnited States of America
republic corporations way
The typical American corporation is a shareholders' republic the same way that China is a peoples' republic.
multitasking efficient
Most of the work on multitasking suggests that it generally makes you less efficient, not more.
army simple circles
If army ants are wandering around and they get lost, they start to follow a simple rule:Just do what the ant in front of you does. The ants eventually end up in a circle. There's this famous example of one that was 1,200 feet long and lasted for two days; the ants just kept marching around and around in a circle until they died.
diversity decision judgement
In part because individual judgement is not accurate enough or consistent enough, cognitive diversity is essential to good decision making.
shells may victim
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.
innovation level-playing-field levels
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.
cyberspace needs should
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 the future Fords and General Motors of cyberspace that are getting the capital they need.
superhero kind treatment
By the time of the '90s boom, CEOs had become superheroes, accorded celebrity treatment and followed with a kind of slavish scrutiny that Alfred P. Sloan could never have imagined.
numbers campaigns voters
Campaigns fail if they waste resources courting voters who are unpersuadable or already persuaded. Their most urgent task is to find and persuade the few voters who are genuinely undecided and the larger number who are favorably disposed but need a push to actually vote.
party winning leisure-activities
Companies have long gathered data to break down their customer base into specific segments. Now political parties have become adept at micro-targeting, too, using data on shopping habits, leisure activities, voting histories, charity donations, and so on, in order to pinpoint likely supporters and the type of appeal most likely to win them over.
cities construction-workers matter
Disasters redistribute money from taxpayers to construction workers, from insurance companies to homeowners, and even from those who once lived in the destroyed city to those who replace them. It's remarkable that this redistribution can happen so smoothly and quickly, with devastated regions reinventing themselves in a matter of months.
doors order world
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.
best crossing good hear politician rarely simply standard wages workers
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.
business miss outraged
The problem with venality in business is that getting outraged about it makes it easy to miss the systemic problems that venality often disguises.