A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are. James Surowiecki crisislongpoint Change image and share on social
Capitalism, after all, is no fun when real failure becomes a possibility. James Surowiecki capitalismfailurefun Change image and share on social
It may be that the very qualities that help people get ahead are the ones that make them ill-suited for managing crises. It's hard to prepare for the worst when you think you're the best. James Surowiecki aheadbadcrisis Change image and share on social
You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment. James Surowiecki allocatecrediteconomic Change image and share on social
Tough times have always lent themselves to nativist sentiments and closed-door policies. But in the case of highly skilled immigrants, these policies are a recipe for stagnation. James Surowiecki caseclosedoor Change image and share on social
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. James Surowiecki argumentboostborder share on social
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 barcompanycorporate share on social
Corporations hope that the right concept will turn things around overnight. This is what you might call the crash-diet approach: starve yourself for a few days and you'll be thin for life. James Surowiecki approachcallconcept Change image and share on social
The challenge for capitalism is that the things that breed trust also breed the environment for fraud. James Surowiecki breedcapitalismchallenge Change image and share on social
Since the Protestant majority in Northern Ireland wants to remain a part of Great Britain, and since Ireland itself has shown little interest in reunification, the IRA's prospects for success through political channels have always been limited. James Surowiecki britainchannelgreat share on social
