Phrase by 'Noreena Hertz'
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Debt vultures are really the scum at the bottom of the pond. These are guys who buy up the debts of the world's poorest countries on the secondary market. You can go buy debts of a country like Peru, for example, at a real discount. Why? Because people think that the debts won't be repaid.
Author: Noreena Hertz - English AuthorYou , People , World , Think
Experience is not the poor relation of expertise. Valuable insights in business often come from the people on the ground.
Author: Noreena Hertz - English AuthorPeople , Experience , Business , Poor
I have problems with this very extreme form of capitalism where the pendulum has swung so far in one direction, where the focus is completely on the short term, and no one is thinking about the consequences.
Author: Noreena Hertz - English AuthorFocus , Short , Thinking , Problems
As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers of poor choices in the public as well as the private sphere.
Author: Noreena Hertz - English AuthorPoor , Decisions , Choices , Risks
If somebody tweets 'I like Coca-Cola,' does that mean that they're actually going to buy Coca-Cola? One can? Two cans? Three cans? If they retweet someone else's Tweet, does that mean they're going to buy it?
Author: Noreena Hertz - English AuthorThree , Like , Someone , Mean
Surely in a world of email, video conferencing and virtual assistants, isn't being expected to show up at the office extremely anachronistic? Yet to date it seems that where one works does matter. That creativity and innovation do feed off physical interactions between people.
Author: Noreena Hertz - English AuthorPeople , World , Innovation , Creativity
When Apple introduced its game-changing iPhone in 2007, Nokia was caught sleeping on the job. Although it had actually developed an iPhone-style device - complete with a color touchscreen, maps, online shopping, the lot - some seven years earlier. Astonishingly, it never released the product.
Author: Noreena Hertz - English AuthorJob , Color , IPhone , Shopping
So key for making smart decisions is a mindset that actively monitors and is open to shifting tides and new information, one that is acutely aware that the interplay between our environment and its outcomes is ever in flux.
Author: Noreena Hertz - English AuthorNew , Smart , Information , Environment
We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector.
Author: Noreena Hertz - English AuthorWill , Only , Financial , Banking
We live increasingly in a world of haves and have-nots, of gated communities next to ghettos, of extreme poverty and unbelievable riches. Some enjoy rights that are completely denied to others. Relative inequalities are exploding, and the world's poorest, despite all the advances of globalisation, may even be getting poorer.
Author: Noreena Hertz - English AuthorWorld , Live , Enjoy , Poverty
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