I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.
Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that pr… - James Surowiecki
Lack of confidence, sometimes alternating with unrealistic dreams of heroic success, often leads to procrastination, and many studies suggest that pr…
- James Surowiecki
On the simplest level, telecommuting makes it harder for people to have the kinds of informal interactions that are crucial to the way knowledge move… - James Surowiecki
On the simplest level, telecommuting makes it harder for people to have the kinds of informal interactions that are crucial to the way knowledge move…
Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting. - James Surowiecki
Besides great climates and lovely beaches, California and Greece share a fondness for dysfunctional politics and feckless budgeting.
Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But forecasting an … - James Surowiecki
Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But forecasting an …
The autocracies of the Arab world have been as economically destructive as they've been politically repressive. - James Surowiecki
The autocracies of the Arab world have been as economically destructive as they've been politically repressive.
Being out of a job can erode people's confidence and their sense of possibility; and employers, often unfairly, tend to take long-term unemployment a… - James Surowiecki
Being out of a job can erode people's confidence and their sense of possibility; and employers, often unfairly, tend to take long-term unemployment a…
I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient. - James Surowiecki
I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient.
A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government… - James Surowiecki
A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government…
Disasters redistribute money from taxpayers to construction workers, from insurance companies to homeowners, and even from those who once lived in th… - James Surowiecki
Disasters redistribute money from taxpayers to construction workers, from insurance companies to homeowners, and even from those who once lived in th…
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