James Surowiecki explains why like American Airlines, a strategic default can also be a smart move for homeowners, despite the stigma they may face in the aftermath.

In his piece for The New Yorker, James Surowiecki argues that instead of figuring out ways to raise the debt ceiling, Congress should simply go ahead and abolish it.

James Surowiecki writes on the federal budget deficit and healthcare costs.

James Surowiecki writes that despite the Democratic presidential candidates' negative rhetoric on free trade, average Americans have generally benefited from free trade with China "in the sense that it's made their dollars go further than they otherwise would have."