Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not … - James Surowiecki

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I've been in New York only a few days and I have learned only two words of your language: one is Swell, and the other is Lousy. . . . 'It's swell to be with you and excuse, please, my lousy English!

James Surowiecki

Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromising. An intelligent group, especially when confronted with cognition problems, does not ask its members to modify their positions in order to let the group reach a decision everyone can be happy with. Instead…the best way for a group to be smart is for each person in it to think and act as independently as possible.

Disagreement, Intelligent, Smart, Thinking, Way

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