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
community doe investment
What the investment community does like is short-term measures designed to boost share prices.
fashion procrastination college
Academics, who work for long periods in a self-directed fashion, may be especially prone to putting things off: surveys suggest that the vast majority of college students procrastinate, and articles in the literature of procrastination often allude to the author's own problems with finishing the piece.
shells may victim
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
differences making-a-difference fiscal-policy
Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.
jobs average-joe impact
Steve Jobs was rare: a C.E.O. who actually had a huge impact on his company's fortunes. Contrary to corporate mythology, most C.E.O.s could be easily replaced, if not by your average Joe, then by your average executive vice-president. But Jobs genuinely earned the label of superstar.
years facts financial
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.
innovation level-playing-field levels
The Internet has become a remarkable fount of economic and social innovation largely because it's been an archetypal level playing field, on which even sites with little or no money behind them - blogs, say, or Wikipedia - can become influential.
real government people
The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.
jobs government principles
A general principle of good taxation is that similar jobs, and similar kinds of compensation, should be taxed the same way: otherwise, the government is effectively subsidizing some jobs over others.
mean today records
Traditionally, tours were a means of promoting a record. Today, the record promotes the tour.
impact mood insidious
The stock market has an insidious effect on C.E.O.s' moods, because of its impact not just on their companies but on their own bank accounts.
oil hints expansion
The oil market is especially sensitive even to a hint of expansion or contraction in supply.
trying world excellent
The U.S. is excellent at importing cheap products from the rest of the world. Let's try importing some human capital instead.
ideas people republican
Congressional Republicans themselves have vehemently defended the idea that preexisting conditions should not be used to deny people insurance.