James Surowiecki

The New Yorker

James Surowiecki appears in the following:

Understanding the Debt Limit Showdown

Thursday, October 03, 2013

Just around the corner an even bigger national fiscal catastrophe is looming. In September the U.S. Treasury warned Congress that if the nation's debt limit is not raised by October 17th the U.S. will run out of cash to pay off its debts. What exactly is a debt ceiling? And why will so much be at stake in this next political fight? James Surowiecki, a financial columnist for The New Yorker, joins The Takeaway to explain.

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A Guide To the Paul Ryan Budget

Monday, August 13, 2012

Before this weekend, we didn’t know much about what Mitt Romney’s economic policy would look like. But that’s all changed with the announcement of Wisconsin’s Paul Ryan as his running mate.

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The Rise of Medical Tourism

Thursday, April 12, 2012

This year, hundreds of thousands of Americans will travel abroad, not to see ancient ruins or visit historic sites, but to undergo affordable medical care. These medical tourists will go to Mexico, Thailand, Costa Rica and elsewhere for everything from root canals to hip replacements. And while this type of tourism has been around for decades, it’s become more and more popular as health-care costs in the U.S. continue to rise. Paul Vehorn is a behavioral psychologist who’s visited Thailand for two different procedures, and James Surowiecki is a journalist with the New Yorker who explores what the bigger economic implications of medical tourism might be in his article entitled “Club Med.”

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Positive bank reports offer new hope for economy

Tuesday, April 14, 2009

As the nation awaits President Obama's speech on the state of the economy, some of the country's largest banks are reporting positive earnings. Both Wells Fargo and Goldman Sachs reported even larger than expected first-quarter returns. Is this the hope we've been waiting for as we wait results from the other "too big to fail banks" this week? And what does it mean to be profitable when you owe the nation a multi-billion dollar debt? For some perspective on what this means for the state of banking and the public's perception of banks, The Takeaway is joined by James Surowiecki who writes The Balance Sheet blog and is a business columnist for The New Yorker.
"It's profitability with an asterisk. The one thing to remember is, every dollar these banks earn right now is, for the most part, a dollar that we're not going to have to put into them if we, say, were to take them over."
—The New Yorker's James Surowiecki on banks reporting positive earnings

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The week ahead with Marcus Mabry and James Surowiecki

Monday, March 30, 2009

It's Monday, which means it is time to take a look at the week ahead. For their educated guesses as to what is on the agenda for the week is James Surowiecki, The Balance Sheet writer for The New Yorker, and Marcus Mabry, international business editor for the New York Times.

What's on this week's agenda?

Monday: GM chief expected to step down

• The chairman and chief executive of General Motors Corp. of eight years, Rick Wagoner, is resigning.
• Wagoner's unexpected move is part of an agreement made by GM with the Obama administration.
• We'll learn more about the strings of President Obama's auto bailout plan in a speech by the president Monday morning.
• More: G.M. Chief Is Said to Be Resigning in Deal With U.S. (The New York Times)
• More: GM chairman to leave US car maker (BBC)

Monday: President Obama's auto team is expected to offer aid to GM and Chrysler

• The president's task force on the auto industry is expected to back increasing short-term aid to General Motors and Chrysler in return for concessions that would help the companies survive the economic downturn.
• More: With a Busy Agenda, Obama Turns to Auto Bailout Plan (The New York Times)
• More: Auto Task Force Set to Back More Loans -- With Strings (The Wall Street Journal)

Tuesday: Election Tuesday symbolizes judgment on president

• Tuesday's election for the successor to Senator Kirsten Gillibrand, D-N.Y., pits Republican Jim Tedisco against Democrat Scott Murphy who has the backing of President Obama
• Leaders say the selection will be a judgment on the president, stimulus plan and strength of the political parties
• More: NY House race seen as first test of Obama's power (The Associated Press)

Tuesday–Thursday: President Obama and the First Lady begin their first overseas tour

• Mr. Obama will meet with Chinese leader Hu Jintao, Russian President Dmitry Medvedev, British Prime Minister Gordon Brown, British Queen Elizabeth II, and heads of state from Saudi Arabia, India and South Korea.
• President Obama will seek support for his new Afghanistan-Pakistan plan from European nations and deal with the issue of Iranian nuclear ambitions. • The president will also seek to maintain Chinese support for purchasing U.S. government debt and ease tensions with Russia over energy and missile defense.
• He will also be seeking help to enlist Iran in the U.S. effort to stabilize Afghanistan and Pakistan.
• President Obama will be attending the G-20 summit, as well as a 60th anniversary summit of the North Atlantic Treaty Organization, and a European Union-U.S. summit.
•More: Regulation Goals Replace Stimulus Push (Wall Street Journal)
• More: Barack Obama: 'Every decision we're making counts' (The Telegraph)

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