Michael Schuman

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Michael Schuman is an American author and journalist who specializes in Asian economics, politics and history. He is currently the Asia business correspondent for TIME Magazine, based in Hong Kong. Prior to writing for TIME, Schuman spent more than six years as a correspondent in Asia with The Wall Street Journal.

Schuman started his career as a reporter and staff writer for Forbes Magazine based in New York City. He holds a Bachelor of Arts degree from University of Pennsylvania in Philadelphia and a Master of International Affairs from the School of International and Public Affairs at Columbia University in New York City.

Schuman has covered Asia for over a decade and has interviewed numerous government and business leaders, including Nobel Peace Prize laureate and former South Korean President Kim Dae Jung, Singapore's Minister Mentor Lee Kuan Yew, Taiwan’s President Ma Ying-jeou, Malaysia's former Prime Minister Mahathir Mohamad, Philippines President Gloria Macapagal Arroyo, former Sony chief executive Nobuyuki Idei, and the founder of India's Infosys Technologies, Narayana Murthy. He has covered some of the most important events in Asia since the mid-1990s, including the North Korea nuclear crisis, the first summit between North and South Korea in 2000, and the 2002 terrorist bombings in Bali, Indonesia. Schuman won an Overseas Press Club award as part of the team covering the 1997 Asian Financial Crisis for The Wall Street Journal.

His book, entitled The Miracle: The Epic Story of Asia's Quest for Wealth,[1] is an historical narrative of Asia's transformation from war-torn, poverty-stricken, economic laggard to the rising force of the global economy. The book was released on July 1, 2009 from Harper Business, an imprint of HarperCollins Publishers.

In March 2013, Schuman wrote an article in TIME claiming that Karl Marx's theory on class struggle is relevant again due to the global economic crisis, claiming "With the global economy in a protracted crisis, and workers around the world burdened by joblessness, debt and stagnant incomes, Marx’s biting critique of capitalism — that the system is inherently unjust and self-destructive — cannot be so easily dismissed."[2]


Notable Articles[edit]