Quotes of All Topics . Occasions . Authors
There's no debt limit in the Constitution.
Corporate welfare isn't necessarily a bad thing.
Sometimes even a smart crowd will make a mistake.
Companies, like people, don't much like to change.
Companies often become victims of their own mythologies.
The business of America shouldn't be subsidizing business.
In order to work well, markets need a basic level of trust.
Breaking tasks down into smaller sub-tasks can be very useful.
If companies tell us more, insider trading will be worth less.
Republicans like to indict Democrats as anti-corporate zealots.
You can't be rich unless everyone else agrees that you're rich.
Sometimes you have to destroy your business in order to save it.
Movies' mistrust of capitalism is almost as old as the medium itself.
In the business world, bad news is usually good news - for somebody else.
Capitalism, after all, is no fun when real failure becomes a possibility.
The history of the Internet is, in part, a series of opportunities missed.
In American politics, 'Europe' is usually a code word for 'big government.'
Downsizing itself is an inevitable part of any creatively destructive economy.
Of course, presidents are always blamed or rewarded for the state of the economy.
Moviegoers love the intricacies of a crime all the more when it's for a good cause.
The ban on sports betting does exactly what Prohibition did. It makes criminals rich.
You might say that economic history is the history of people learning to manage risk.
In conditions of uncertainty, humans, like other animals, herd together for protection.
Real politics is messy and morally ambiguous and doesn't make for a compelling thriller.
In confusing stock options with ownership, corporations confuse trappings with substance.
The oil market is especially sensitive even to a hint of expansion or contraction in supply.
Traditionally, tours were a means of promoting a record. Today, the record promotes the tour.
What the investment community does like is short-term measures designed to boost share prices.
Most of the work on multitasking suggests that it generally makes you less efficient, not more.
The challenge for capitalism is that the things that breed trust also breed the environment for fraud.
Older people do a better job of managing their impulses, and so they're better able to put off putting off.
A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are.
Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.
The typical American corporation is a shareholders' republic the same way that China is a peoples' republic.
If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.
Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.
Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.
On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.
I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient.
The autocracies of the Arab world have been as economically destructive as they've been politically repressive.
One key to successful group decisions is getting people to pay much less attention to what everyone else is saying.
Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.
If private-equity firms are as good at remaking companies as they claim, they don't need tax loopholes to make money.
Art collecting has traditionally been the domain of wealthy individuals in search of rewards beyond the purely financial.
The smartest groups, then, are made up of people with diverse perspectives who are able to stay independent of each other.
Paradoxically, the best way for a group to be smart is for each person in it to think and act as independently as possible.
Developing countries often have hypertrophied bureaucracies, requiring businesses to deal with enormous amounts of red tape.
I tend to delay writing by doing more research - it's really the act of writing the piece that I have the hardest time with.
Of course, plenty of people don't think that guaranteeing affordable health insurance is a core responsibility of government.
The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.