James Surowiecki : (7)

" The problem with venality in business is that getting outraged about it makes it easy to miss the systemic problems that venality often disguises. " - James Surowiecki

" Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape. " - James Surowiecki

" In confusing stock options with ownership, corporations confuse trappings with substance. " - James Surowiecki

" All things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners. " - James Surowiecki

" The Xbox 360 is the best game console ever designed. It’s fast and powerful – games look as good on the 360 as on high-end PCs that cost six times as much. It’s easy to navigate and has lots of useful secondary features – the ability to play digital video, stream MP3s, and so on. " - James Surowiecki

" In the days when corporate downsizing was all the rage, Wall Street took a lot of flak for judging companies too harshly and setting the bar for corporate performance so high that executives felt their only option was to slash payrolls. " - James Surowiecki

" In some respects, the video-game business is a lot like the razor business, which follows a simple model: Give away the razor, gouge ’em on the price of the blades. " - James Surowiecki