James Surowiecki Long Quotations

Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.

A long-term crisis, after a certain point, no longer seems like a crisis. It seems like the way things are.

To be sure, if you watch CNBC all day long you'll pick up some interesting news about particular companies and the economy as a whole. Unfortunately, to get to the useful information, you have to wade through reams of useless stuff, with little guidance on how to distinguish between the two.

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

Being out of a job can erode people's confidence and their sense of possibility; and employers, often unfairly, tend to take long-term unemployment as a signal that something is wrong.