“Older people do a better job of managing their impulses, and so they're better able to put off putting off.” PeopleAbleJobsImpulseBetter JobsOlder People Author:James Surowiecki
“Procrastination also can be a way of self-handicapping: if you don't do a great job, you can always say to yourself, "If I'd only started sooner, I'd have been able to produce something excellent."” IfsWayHas BeensSelfAbleJobsProduceExcellentProcrastinationGreat Job Author:James Surowiecki
“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.)” WantKindUseAbleDrinkDrugBehaviorAddictionWhat You WantEtcProcrastinationInverse Author:James Surowiecki
“Defense contractors are able to reap tremendous profits while rarely confronting the risks for which those profits are supposed to be the reward.” AbleRiskRewardsProfitDefenseSupposed To BeReapConfrontingContractor Author:James Surowiecki
“From a social point of view, it's beneficial that homeownership encourages commitment to a given town or city. But, from an economic point of view, it's good for people to be able to leave places where there's less work and move to places where there's more.” PeopleAbleMovingGivenSocialViewsCitiesEconomicCommitmentTownsPoint Of ViewBeneficialHomeownership Author:James Surowiecki
“If someone really wants my company's business, why shouldn't he be able to do everything he can - including paying me off - to get that business? Because bribery encourages people to make decisions based on the wrong criteria, which means in the business world that it distorts the efficient allocation of resources.” PeopleIfsWorldWantMeanAbleDecisionCompanyResourcesIncludingEfficientCriteriaBusiness WorldBriberyAllocation Author:James Surowiecki
“The smartest groups, then, are made up of people with diverse perspectives who are able to stay independent of each other.” PeopleMadeAbleGroupsPerspectiveIndependentIntelligenceDiverse Book:The Wisdom of Crowds Source: The Wisdom of Crowds
“The smartest groups, then, are made up of people with diverse perspectives who are able to stay independent of each other. Independence doesn't imply rationality or impartiality, though. You can be biased and irrational, but as long as you're independent, you won't make the group any dumber.” PeopleLongMadeAbleGroupsPerspectiveIndependentIndependenceDiverseIrrationalRationalityBiasedImpartiality Book:The Wisdom of Crowds Source: The Wisdom of Crowds
