Great author

January 26, 2013

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Economy for dummies

October 03, 2009

James Michael Surowiecki writes a regular column on
business and finance called "The Financial Page". He
was awarded Ph.D. in American History on a Mellon
Fellowship at Yale University before becoming a
financial journalist. His style is professional and
understandable to on-technical audience.The articles
are deep and intelligent and author dares to disagree
on many points with the more senior economists . He
gives us a different view or a better possible
solution. Surowiecki has been a writing in 'The New
Yorker' financial pages since 2000 and write on
different issues. Keep reading his articles for a
better understanding of the financial scenario.

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Interesting, mainstream media approach to understanding
financial mkts

June 09, 2009

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A savvy primer on the nuts and bolts of the economy

May 13, 2009

James Surowiecki's columns for the New Yorker's
Financial Page are like chapters from a highly
sophisticated version of "Economics for Dummies." Each
week, he concisely and incisively illuminates for his
readers an economic issue or phenomenon that is
pertinent to current financial happenings. Expecially
these days, in the midst of an economic crisis,
intelligent, well-informed readers are bombarded with
economic terms that they feel they should know but
really don't understand. Surowiecki knows what those
troublesome terms are, and he elucidates them
thoroughly, yet efficiently, in masterful prose. Just
as a spoonful of sugar makes the medicine go down,
Surowiecki's detached ironic humor--which is present,
though sometimes barely perceptible, in almost all his
writings--helps his mini-lessons on tax rebates and
banking stress tests sink into the brain a little more
deeply. For those who find Paul Krugman's
doom-and-gloom perspective on the economy too extreme,
Surowiecki offers a refreshing antidote. His blog on
the New Yorker website, The Balance Sheet, is
particularly instructive in this regard. The blog,
which Surowiecki updates frequently, affords him the
ability to comment directly upon breaking financial
news. Surowiecki's blog entries reveal him as being
highly skeptical of the prevailing apocalyptic economic
theories, such as the zombie bank hypothesis and the
prediction that the U.S. economy will go the way of
Japan's circa 1990. Surowiecki cites the opinions of
economic heavyhitters, including Krugman, Nouriel
Roubani (Dr. Doom), Joseph Steiglitz, and Simon
Johnson. These guys have more than one Nobel Prize
between them, but Surowiecki doesn't shy away from
openly disagreeing with them and explainly exactly why
he does. If the only stress test you understand is the
one you take at the doctor's office and you think the
"Swedish strategy" has something to do with tiny
meatballs, read Surowiecki, both on the Financial Page
and the Balance Sheet. He'll explain it to you. And
you will understand.

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