One key to successful group decisions is getting people to pay much less attention to what everyone else is saying.
James SurowieckiAll things being equal, letting people make decisions for themselves will produce smarter outcomes, collectively, than relying on government planners.
James SurowieckiPunk 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.
James SurowieckiBehavioral economists have shown that a sizable percentage of people are willing to pay real money to punish people who are taking from a common pot but not contributing to it. Just to insure that shirkers get what they deserve, we are prepared to make ourselves poorer.
James Surowiecki