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Foxconn is hugely important, not only in China - it's the largest employer in China - Foxconn is important around the world.
Charles Duhigg
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When the mortgage giant Fannie Mae recruited Daniel H. Mudd, he told a friend he wanted to work for an altruistic business. Already a decorated marine and a successful executive, he wanted to be a role model to his four children - just as his father, the television journalist Roger Mudd, had been to him.
Charles Duhigg
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Economists at the National Bureau of Economic Research and University of Chicago persuasively argue that one of the biggest reasons for the nation's current obesity epidemic is that food is now so much cheaper and easier to prepare.
Charles Duhigg
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Massachusetts has prohibited most financial advisers from using titles like 'certified senior adviser,' and some of the largest insurers, including MetLife and Genworth Financial, have similar rules.
Charles Duhigg
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Candy bar companies, through commercials, have tied their products to low-energy cues, transforming what was once a dessert into a pick-me-up for cubicle dwellers.
Charles Duhigg
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Between calculated risk and reckless decision-making lies the dividing line between profit and loss.
Charles Duhigg
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Lawmakers in both political parties have often acceded to unions' requests to avoid political confrontations or to curry favor. They have pushed difficult choices into the future.
Charles Duhigg
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Older Americans are perfect telemarketing customers, analysts say, because they are often at home, rely on delivery services, and are lonely for the companionship that telephone callers provide.
Charles Duhigg
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For Aristotle, habits reigned supreme. The behaviors that occur unthinkingly are the evidence of our truest selves.
Charles Duhigg
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Some say because music is as much about personal expression as listening pleasure, sharing is integral to why songs have value in the first place.
Charles Duhigg
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Calling out people for not voting, what experts term 'public shaming,' can prod someone to cast a ballot.
Charles Duhigg
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Some of the tactics that are used by Foxconn and other companies throughout China is, if you are late, if you violate one of the small rules, some of the punishment is that you have to copy down quotations from the chairman of Foxconn: you have to write out confessions explaining why you were late and promising never to do it again.
Charles Duhigg
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In a flash order transaction, buy or sell orders are shown to a collection of high-frequency traders for just 30 milliseconds before they are routed to everyone else. They are widely considered to give the few investors with access to the technology an unfair advantage, even by some of the marketplaces that offer the flash orders for a fee.
Charles Duhigg
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Someone will write a resolution that says, 'I want to exercise more,' or 'I want to lose 15 pounds' - which is great, that's a great goal to have - but every study tells us that if you pose things in abstract, goal-related terms, it's much less likely that you will accomplish it than if you structure it as an actual activity.
Charles Duhigg
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While markets are supposed to ensure transparency by showing orders to everyone simultaneously, flash orders are currently allowed because of a loophole in securities regulations that allows for immediate trades.
Charles Duhigg
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Some officials overseeing local water systems have tried to go above and beyond what is legally required. But they have encountered resistance, sometimes from the very residents they are trying to protect, who say that if their water is legal, it must be safe.
Charles Duhigg
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When most individuals or most companies are talking about trying to create healthy habits, the key is to identify which habit or habits seem most important.
Charles Duhigg
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Credit default swap is basically just an agreement that I have with you, where I sell you insurance on some bond you own. If the bond goes belly up, I promise to pay you. And as long as the bond doesn't go belly up, you pay me for selling you insurance.
Charles Duhigg
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Consumer habits are key to understanding how to launch a product.
Charles Duhigg
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In 1980, a woman promised her dying sister to change how Americans thought about breast cancer. Thirty years later, the result - the Susan G. Komen for the Cure Foundation - is one of the nation's largest non-profits, and one of the most successful triumphs in public health marketing and changing health habits.
Charles Duhigg
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State and federal studies indicate that thousands of water and sewer systems may be too old to function properly.
Charles Duhigg
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Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels.
Charles Duhigg
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In the 1970s, New York City defaulted on its debt, and yes, the consequences were painful. Enrollment plummeted at City University campuses, which until then had offered free education. Seven thousand police officers were laid off. Crime skyrocketed. Services for the poor disappeared.
Charles Duhigg
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Vast databases of names and personal information, sold to thieves by large publicly traded companies, have put almost anyone within reach of fraudulent telemarketers.
Charles Duhigg
