You might think of consumption as a fairly passive activity, but buying new products and services is actually pretty risky, at least if you value your time and money.
James Surowiecki Quotes
Discussions of health care in the U.S. usually focus on insurance companies, but, whatever their problems, they're not the main driver of health-care inflation: providers are.
Similar Quotes
Cricket is the greatest game that the wit of man has yet devised.
- Sir Pelham WarnerAdvertising is selling Twinkies to adults.
- Donald R. VanceThe struggle of the male to learn to listen to and respect his own intuitive, inner prompt...
- Herb GoldbergEach generation of the church in each setting has the responsibility of communicating the ...
- Francis SchaefferEach had defended his own country; the Germans Germany, the Frenchmen France; they had don...
- Ernst TollerComments on: "James Surowiecki Quotes: Discussions of health care in the U.S. usually focus on insurance companies, but,..."
-
When Americans are asked to rank professions in terms of honesty and ethics, insurance agents routinely end up near the bottom of the list – somewhere between politicians and car salesmen. Generally, insurers are seen as clever hucksters who prey on insecurity and ignorance to sell people what they don’t need at prices they shouldn’t have to pay.
Topics in HonestyTags in Insecurity, Ignorance -
What corporations fear is the phenomenon now known, rather inelegantly, as ‘commoditization.’ What the term means is simply the conversion of the market for a given product into a commodity market, which is characterized by declining prices and profit margins, increasing competition, and lowered barriers to entry.
Topics in UncategorizedTags in Corporations, Phenomenon
Birth: | 30th April, 1967 |
Nationality: | American |
Profession: | Journalist |
James Michael Surowiecki was born in Meriden, Connecticut, USA. He is an American journalist. He was a staff writer at The New Yorker, where he wrote a regular column on business and finance called "The Financial Page". He studied at Southwestern Educational Society, Choate Rosemary Hall, the University of North Carolina at Chapel Hill, and Yale University. He is married to Slate culture editor Meghan O'Rourke. His writing has appeared in a wide range of publications, including The New York Times, the Wall Street Journal, The Motley Fool, Foreign Affairs, Artforum, Wired, and Slate. Before joining The New Yorker, he wrote “The Bottom Line” column for New York magazine and was a contributing editor at Fortune. He is the author of book, entitled The Wisdom of Crowds.
Related Authors
Advertisement
Today's Anniversary - 25th November
Births
- 1562 - Lope de Vega
- 1913 - Lewis Thomas
- 1905 - Patrick Arthur Devlin
- 1926 - Poul Anderson
- 1938 - Shelagh Delaney
Deaths
- 1998 - Nelson Goodman
- 2002 - Karel Reisz
- 1974 - U Thant
- 1970 - Yukio Mishima
- 1973 - Laurence Harvey
Quote of the day
Popular Topics
About Quoteswave
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.
Share with your friends