I started in business journalism from the outside, so when I started writing about markets and business, I … - James Surowiecki

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Moon In the Window I wish I could say I was the kind of child who watched the moon from her window, would turn toward it and wonder. I never wondered. I read. Dark signs that crawled toward the edge of the page. It took me years to grow a heart from paper and glue. All I had was a flashlight, bright as the moon, a white hole blazing beneath the sheets.

James Surowiecki

I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the fact that markets seemed to work well even though people are often irrational, lack good information and are not perfect in the way they think about decisions.

Decisions, Information, People, Perfect, Thinking, Writing

Same Author Quotes

There does seem to be some evidence that as people get older, they procrastinate less, perhaps because they feel the pressure of time more.

Doe, Evidence, People, Pressure, Procrastinate, Time

The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.

Decision, Everywhere, Fuel, Give, Giving, Ultimately

The problem is that groups are only smart when the people in them are as independent as possible. This is the paradox of the wisdom of crowds.

Crowds, Independent, People, Possible, Smart, Wisdom

Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.

Choices, Down, Heads, Political, Risk

Addictive behavior is kind of the inverse of procrastination: procrastination is about not being able to do what you want to do, addiction about not being able to not do what you don't want to do (drink, use drugs, etc. )

Procrastination, Addiction, Drug, Behavior, Kind, Drink