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SimoleonSense (Free subscription) | yesterday
Regardless of the reasons for thrift and hard work the Chinese mentality is underestimated. I dedicate this post to our Chinese readers who makeup our 3rd largest viewership. Click Here to Read: James Surowiecki: Why The Chinese Don’t Spend! Introduction (Via The New Yorker) China makes, the world takes.” For decades, that has been the motto of the [...]
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The Financial Page (Free subscription) | 11/30/2009
8220;China makes, the world takes.” For decades, that has been the motto of the Chinese economy, which is built on providing an endless supply of goods for the rest of the world to buy. But these days there’s a palpable sense that this needs to change . . .
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CRM Daily (Free subscription) | yesterday
... only a few people at a time. The increasingly social nature of the Web has changed this dynamic. James Surowiecki reveals in his best-selling book, The Wisdom of Crowds, something that scientists have known for years: Random groups of informed people can predict outcomes far more accurately than any individual expert. Since that time, companies such as Netflix and Amazon have popularized...
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Abnormal Returns (Free subscription) | yesterday
... ( C ) thinks it is too big. ( Clusterstock also Credit Writedowns , Real Time Economics ) James Surowiecki , “For China, saving less and spending more will improve the lives of ordinary people in the present and make the economy stronger in the future. That’s the rarest of all things in economics: a free lunch. China should go ahead and eat it.” ( New Yorker , ibid ) The vast range...
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Mark Evans (Free subscription) | 11/26/2009
... article, there’s only one place to read it. It’s not like you can go to another magazine to find James Surowiecki’s article on Wal-Mart vs. Amazon . This stands in contrast to newspapers in which much of the news can be read in multiple places. If, for example, you want to read about Obama Barack’s talk about Afghanistan, there are hundreds of Web sites offering coverage. Given this...