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Of course, plenty of people don't think that guaranteeing affordable health insurance is a core responsibility of government.

James Surowiecki

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James Surowiecki
Age: 57
Born: 1967
Born: April 30
Journalist
Writer
Meriden
Connecticut
James Michael Surowiecki
Course
Responsibility
Guaranteeing
Government
Affordable
Think
Insurance
Thinking
Plenty
People
Core
Health
Courses

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On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.
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Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's how most people's salaries are set, after all, including those of major-league baseball players and European soccer players.
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Capitalism, after all, is no fun when real failure becomes a possibility.
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Campaigns fail if they waste resources courting voters who are unpersuadable or already persuaded. Their most urgent task is to find and persuade the few voters who are genuinely undecided and the larger number who are favorably disposed but need a push to actually vote.
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In part because individual judgement is not accurate enough or consistent enough, cognitive diversity is essential to good decision making.
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Since the Protestant majority in Northern Ireland wants to remain a part of Great Britain, and since Ireland itself has shown little interest in reunification, the IRA's prospects for success through political channels have always been limited.
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Under the right circumstances, groups are remarkably smart - smarter even sometimes than the smartest people in them.
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Standards wars involve lots of variables, and understanding them often seems more an art than a science. They generally involve just two big players, and end in a winner-take-all situation.
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Self-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.
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The Internet has become a remarkable fount of economic and social innovation largely because it's been an archetypal level playing field, on which even sites with little or no money behind them - blogs, say, or Wikipedia - can become influential.
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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.
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Corporate welfare isn't necessarily a bad thing.
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Punk rock has never really had much patience with musical virtuosity. Actually, it'd be more accurate to say that for most of its history, punk has been actively hostile to virtuosity.
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The business of America shouldn't be subsidizing business.
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Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.
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Meeting external deadlines is much harder than meeting internal ones. On the other hand, internal deadlines sometimes don't feel real, and are therefore easy to evade.
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Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.
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Movies' mistrust of capitalism is almost as old as the medium itself.
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The challenge for capitalism is that the things that breed trust also breed the environment for fraud.
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In confusing stock options with ownership, corporations confuse trappings with substance.
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