Joseph Nocera
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Joseph Nocera (born May 6, 1952) is an American business journalist and author. He has written for ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' since April 2005, writing for the editorial page from 2011 to 2015. He was also an opinion columnist for ''
Bloomberg Opinion Bloomberg L.P. is an American privately-held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Ze ...
''. He has co-written the books ''The Big Fail'', ''A Piece of the Action'' and ''
All the Devils Are Here ''All the Devils Are Here: The Hidden History of the Financial Crisis'' is a nonfiction book by authors Bethany McLean and Joe Nocera about the 2008 financial crisis. It details how the 2008 financial crisis spawned from a volatile, and bipartisa ...
.''


Early life and education

Nocera was born in
Providence, Rhode Island Providence () is the List of capitals in the United States, capital and List of municipalities in Rhode Island, most populous city of the U.S. state of Rhode Island. The county seat of Providence County, Rhode Island, Providence County, it is o ...
. He earned a B.S. in journalism from
Boston University Boston University (BU) is a Private university, private research university in Boston, Massachusetts, United States. BU was founded in 1839 by a group of Boston Methodism, Methodists with its original campus in Newbury (town), Vermont, Newbur ...
in 1974.


Career


Early years (1970s-2014)

Nocera became a business columnist for ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' in April 2005. In March 2011, Nocera became a regular opinion columnist for ''The Times''s Op-Ed page, writing on Tuesdays and Saturdays. He was also a business commentator for
NPR National Public Radio (NPR) is an American public broadcasting organization headquartered in Washington, D.C., with its NPR West headquarters in Culver City, California. It serves as a national Radio syndication, syndicator to a network of more ...
’s ''
Weekend Edition ''Weekend Edition'' is a set of American radio news magazine programs produced and distributed by National Public Radio ( NPR). It is the weekend counterpart to the NPR radio program ''Morning Edition''. It consists of ''Weekend Edition Saturday ...
'' with Scott Simon.


2015-2024

In November 2015, Nocera began writing in the sports page of ''The Times''. Executives at ''The Times'' cited Nocera's interest in sports, specifically injuries to student athletes and business issues in college athletics, as the reason for reassignment to the sports page from the Op-Ed page. In his last column on the Op-Ed page of ''The Times,'' Nocera offered his views on several issues unrelated to sports including gun control and
Michael Bloomberg Michael Rubens Bloomberg (born February 14, 1942) is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001 and again from 2014 to 2023. He served as the 108th mayo ...
's involvement with the issue, Supreme Court terms, education in the United States, e-cigarettes, and election day in the United States. In January 2017, Nocera began writing a column for Bloomberg View on business, political and other subjects.Joe Nocera profile and columns-links
''bloomberg.com''. Retrieved 2021-12-31.
Nocera wrote and hosted a podcast entitled ''
The Shrink Next Door ''The Shrink Next Door'' is a podcast by Wondery that tells the story of Isaac Herschkopf, a psychiatrist who abused his relationship with his patients to exploit them for personal gain. The podcast was written and hosted by Joe Nocera. The pod ...
'' in 2019–2021. A case study on the abuse by a psychotherapist towards a patient, the podcast was based on Nocera's neighbors in the
Hamptons The Hamptons, part of the East End (Long Island), East End of Long Island, consist of the town (New York), towns of Southampton (town), New York, Southampton and East Hampton (town), New York, East Hampton, which together compose the South Fork ...
after he moved there in 2010. After the podcast,
Wondery Wondery is an American podcast network and publisher of podcasts including ''American History Tellers'', ''Dr. Death (podcast), Dr. Death'' and ''The Shrink Next Door''. Wondery was founded in 2016 by entrepreneur and media executive Hernan Lopez ...
shopped the rights and sold them to MRC Studios, who created a show for
Apple TV+ Apple TV+ is an American subscription over-the-top streaming service owned by Apple. The service launched on November 1, 2019, and it offers a selection of original production film and television series called Apple Originals. The service w ...
starring
Will Ferrell John William Ferrell (; born July 16, 1967) is an American actor, comedian, writer, and producer. He is known for his leading man roles in comedy films and for his work as a television producer. Ferrell received various accolades, including ...
. Accessed Aug. 15, 2024 Nocera served as co-executive producer on the miniseries, which was also titled ''The Shrink Next Door''. In late 2021, it was reported that he was suing
Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician a ...
over the show. Nocera alleged that Bloomberg withheld a percentage of the show's profits after they'd fired him. Accessed Aug. 15, 2024 In 2021, Blanchard House had set up a partnership with Nocera for Nocera to host some of the shows it had in development. In 2023, he was publishing articles in ''
The Atlantic ''The Atlantic'' is an American magazine and multi-platform publisher based in Washington, D.C. It features articles on politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 185 ...
'' and '' Vanity Fair''. In 2024, he was an op-ed writer for ''The New York Times.'' In 2024, he published ''The Big Fail'', a book focused on the response of the US government to the
Covid pandemic Coronavirus disease 2019 (COVID-19) is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 can vary but often include fev ...
. It was co-written with
Bethany MacLean Bethany Lee McLean (born December 12, 1970) is an American journalist and contributing editor for '' Vanity Fair'' magazine. She is known for her writing on the Enron scandal and the 2008 financial crisis. Previous assignments include editor-at-l ...
, as were his previous books ''A Piece of the Action'' and ''
All the Devils Are Here ''All the Devils Are Here: The Hidden History of the Financial Crisis'' is a nonfiction book by authors Bethany McLean and Joe Nocera about the 2008 financial crisis. It details how the 2008 financial crisis spawned from a volatile, and bipartisa ...
.'' Accessed Aug. 15, 2024


Areas of journalistic interest

Nocera's columns in the ''New York Times'' offer perspectives on a wide array of current events. He writes series of columns on specific issues, and often focuses on specific areas of interest to him.


Criticism of the National Collegiate Athletic Association

Since 2011, Nocera has written over 10 columns on the role played by the
NCAA The National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates College athletics in the United States, student athletics among about 1,100 schools in the United States, and Simon Fraser University, 1 in Canada. ...
in the United States with a view that the NCAA "unfairly exploits college football and men's basketball players" through a "double standard". To support this view, he cites the negative effects NCAA policies may have on student athletes, which include unfair suspensions and financial inducements given to universities that lead to potential conflicts of interest. Nocera has criticized specific actions and policies, pertaining to intercollegiate athletics, of many universities, including
Rutgers University Rutgers University ( ), officially Rutgers, The State University of New Jersey, is a Public university, public land-grant research university consisting of three campuses in New Jersey. Chartered in 1766, Rutgers was originally called Queen's C ...
,
University of North Carolina at Chapel Hill The University of North Carolina at Chapel Hill (UNC, UNC–Chapel Hill, or simply Carolina) is a public university, public research university in Chapel Hill, North Carolina, United States. Chartered in 1789, the university first began enrolli ...
,
University of Alabama The University of Alabama (informally known as Alabama, UA, the Capstone, or Bama) is a Public university, public research university in Tuscaloosa, Alabama, United States. Established in 1820 and opened to students in 1831, the University of ...
,
Baylor University Baylor University is a Private university, private Baptist research university in Waco, Texas, United States. It was chartered in 1845 by the last Congress of the Republic of Texas. Baylor is the oldest continuously operating university in Te ...
, and
University of Notre Dame The University of Notre Dame du Lac (known simply as Notre Dame; ; ND) is a Private university, private Catholic research university in Notre Dame, Indiana, United States. Founded in 1842 by members of the Congregation of Holy Cross, a Cathol ...
. He has also extensively criticized the NCAA and
Penn State University The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsyl ...
for their handling of the
Penn State child sex abuse scandal The Penn State child sex abuse scandal concerned allegations and subsequent convictions of child sexual abuse committed by Jerry Sandusky, an assistant coach for the Penn State Nittany Lions football team, over a period of at least fifteen year ...
.


Support for fracking and Keystone XL

Nocera advocates
fracking Fracking (also known as hydraulic fracturing, fracing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of formations in bedrock by a pressurized liquid. The process involves the high-pressure inje ...
, which is viewed as an economical method for natural gas extraction. Fracking, however, faces widespread debate for its environmental impact. Its critics argue that, by augmenting
fossil fuel A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geolog ...
supply, fracking contributes to
greenhouse gas emissions Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide (), from burning fossil fuels such as coal, petroleum, oil, and natural gas, is the main cause of climate chan ...
and
global warming Present-day climate change includes both global warming—the ongoing increase in global average temperature—and its wider effects on Earth's climate system. Climate change in a broader sense also includes previous long-term changes ...
. Nocera believes that these concerns are overstated because fossil fuel consumption is driven primarily by demand. Nocera argues that, because fracking has been widely adopted, "the responsible approach is not to wish it away, but to exploit its benefits while straightforwardly addressing its problems". Nocera also supports the construction of
Keystone XL The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010, formerly owned by TC Energy. It is now owned by South Bow, following TC Energy's spin off of its liquids business into a separate publi ...
, which would transport fossil fuels from
oil sands Oil sands are a type of unconventional petroleum deposit. They are either loose sands, or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, soaked with bitumen (a dense and extremely viscous ...
and
shale gas Shale gas is an unconventional natural gas that is found trapped within shale formations. Since the 1990s, a combination of horizontal drilling and hydraulic fracturing has made large volumes of shale gas more economical to produce, and ...
deposits A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. ...
in Canada. For reasons similar to those for fracking, the proposed pipeline has been subject of political debate since it was proposed in 2008. He has been a "longtime supporter of the pipeline" as it would, in his view, help the United States achieve "energy independence".


Republican Party

In an August 2011 column on the US debt ceiling crisis, Nocera compared " Tea Party Republicans" with
terrorist Terrorism, in its broadest sense, is the use of violence against non-combatants to achieve political or ideological aims. The term is used in this regard primarily to refer to intentional violence during peacetime or in the context of war aga ...
s, and wrote that they "have waged
jihad ''Jihad'' (; ) is an Arabic word that means "exerting", "striving", or "struggling", particularly with a praiseworthy aim. In an Islamic context, it encompasses almost any effort to make personal and social life conform with God in Islam, God ...
on the American people" and suggested that they "can put aside their
suicide vest Suicide is the act of intentionally causing one's own death. Risk factors for suicide include mental disorders, physical disorders, and substance abuse. Some suicides are impulsive acts driven by stress (such as from financial or ac ...
s". This choice of words was criticized in a number of media outlets, including by
Jonah Goldberg Jonah Jacob Goldberg (born March 21, 1969) is an American conservative journalist, author, and political commentator. The founding editor of ''National Review Online'', from 1998 until 2019, he was an editor at ''National Review''. Goldberg writ ...
of the ''
National Review ''National Review'' is an American conservative editorial magazine, focusing on news and commentary pieces on political, social, and cultural affairs. The magazine was founded by William F. Buckley Jr. in 1955. Its editor-in-chief is Rich L ...
'', Jennifer Rubin of ''
The Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
'', and Peter Suderman of ''
Reason magazine ''Reason'' is an American libertarian monthly magazine published by the Reason Foundation, with the tagline "Free Minds and Free Markets". The magazine aims to produce independent journalism that is "outside of the left/right echo chamber." A ...
'', along with then
White House press secretary The White House press secretary is a senior White House official whose primary responsibility is to act as spokesperson for the executive branch of the United States federal government, especially with regard to the president, senior aides and ...
Jay Carney. In a follow-up column, Nocera writes "
hat A hat is a Headgear, head covering which is worn for various reasons, including protection against weather conditions, ceremonial reasons such as university graduation, religious reasons, safety, or as a fashion accessory. Hats which incorpor ...
most surprised me is how darned liberal I sound sometimes." He then apologized: :''The words I chose were intemperate and offensive to many, and I've been roundly criticized. I was a hypocrite, the critics said, for using such language when on other occasions I've called for a more civil politics. In the cool light of day, I agree with them. I apologize.'' After comparing Congressional negotiations with "
hand-to-hand combat Hand-to-hand combat is a physical confrontation between two or more persons at short range (grappling distance or within the physical reach of a handheld weapon) that does not involve the use of ranged weapons.Hunsicker, A., ''Advanced Skills in ...
", Nocera concluded the column with "I won't be calling anybody names. That I can promise."


Recognition

Nocera earned three John Hancock Awards for Excellence in Business Writing in 1983, 1984, and 1991, respectively. Nocera's book ''A Piece of the Action: How the Middle Class Joined the Money Class'' won the
New York Public Library The New York Public Library (NYPL) is a public library system in New York City. With nearly 53 million items and 92 locations, the New York Public Library is the second-largest public library in the United States behind the Library of Congress a ...
's Helen Bernstein Award for best non-fiction book of 1995. His contributions to business journalism have been recognized with three
Gerald Loeb Award The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was e ...
s: 1983 in the Magazines category for "It's Time to Make a Deal", 1996 in the Magazines category for "Fatal Litigation", and 2008 in the Commentary category for "Talking Business". In 2007, he was named a
Pulitzer Prize for Commentary The Pulitzer Prize for Commentary is an award administered by the Columbia University Graduate School of Journalism "for distinguished commentary, using any available journalistic tool". It is one of the fourteen American Pulitzer Prizes that are ...
finalist. ''Indentured: The Inside Story of the Rebellion Against the NCAA'', which he co-wrote with Ben Strauss, won the 2017
PEN America PEN America (formerly PEN American Center), founded in 1922, and headquartered in New York City, is a 501(c)(3) nonprofit organization whose goal is to raise awareness for the protection of free expression in the United States and worldwide th ...
ESPN Award for Literary Sportswriting.


Personal life

Nocera lives in New York City.


Bibliography

* * * * * ::Nocera's Op-Ed columns at the New York Times are available a
Nocera – Op-Ed Columns


See also

*
New Yorkers in journalism New York City has been called the Media in New York City, media capital of the world. Many journalists work in Manhattan, reporting about international, American, sports journalism, sports, business journalism, business, entertainment journalism ...


References


External links

* * * {{DEFAULTSORT:Nocera, Joe 1952 births Living people Boston University College of Communication alumni American business writers American columnists American economics writers American male journalists American magazine editors The New York Times columnists Writers from Providence, Rhode Island Gerald Loeb Award winners for Magazines Gerald Loeb Award winners for Columns, Commentary, and Editorials