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In reality no food is valued solely for its nutritive power and no garment or house solely for the protection it affords against cold weather and rain. . . . the demand for goods is widely influenced by metaphysical, religious, and ethical considerations, by aesthetic value judgments, by customs, habits, prejudice, tradition, changing fashions, and many other things.

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James Surowiecki

Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.

Acquisition, Acquisitions, Corporate, Mergers, Names, Unimaginative
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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
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