James Surowiecki

James Surowiecki
James Michael Surowieckiis an American journalist. He is a staff writer at The New Yorker, where he writes a regular column on business and finance called "The Financial Page"...
NationalityAmerican
ProfessionJournalist
CountryUnited States of America
running coffee oil
Although oil is a commodity, it's still not a commodity like coffee, which, thank God, we will have with us always. At some point the oil will run out.
writing thinking hard-times
I tend to have a hard time working on pieces long before they're due. That's why I think the fact that I write a column is really good for me - the column has to be done, and there's no getting around it.
world news good-news
In the business world, bad news is usually good news - for somebody else.
greed financial moments
It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time.
jobs procrastination self
Procrastination also can be a way of self-handicapping: if you don't do a great job, you can always say to yourself, "If I'd only started sooner, I'd have been able to produce something excellent."
immigration reform borders
Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.
mistrust mediums capitalism
Movies' mistrust of capitalism is almost as old as the medium itself.
car guarantees driving
If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.
intelligent diversity decision
Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that make groups intelligent - independence, diversity, private judgement-disappear.
confusing corporations substance
In confusing stock options with ownership, corporations confuse trappings with substance.
real long growth
You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.
desire sirens arise
The desire for reinvention seems to arise most often when companies hear the siren call of synergy and start to expand beyond their core businesses.
procrastination feelings different
One of the problems that exacerbates procrastination is the feeling that you have lots of different things to do and no clear sense of which matter more, when they should be done, etc.
sports criminals doe
The ban on sports betting does exactly what Prohibition did. It makes criminals rich.