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Today, Americans of all political stripes are coming to a similar, sad realization about our president. A recent Fox News poll asked Americans 'How often does Barack Obama lie to the country on important matters?' Thirty-seven percent said 'most of the time,' 24 percent said 'some of the time,' and 20 percent said 'only now and then. ' Just 15% said 'never. '

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James Surowiecki

You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.

Growth, Indiscriminate, Long, Real
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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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