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- John Cassidy
John Cassidy has been a staff writer at The New Yorker since 1995. He has written many, many articles for the magazine, on topics ranging from Alan Greenspan and Ben Bernanke to the Iraqi oil industry and the economics of Hollywood. He also writes a blog on The New Yorker’s Web site, entitled “Rational Irrationality.” His latest book, “How Markets Fail: The Logic of Economic Calamities,” is being published in November, 2009, by Farrar, Straus and Giroux.
Cassidy is also a contributor to The New York Review of Books and a financial commentator for the BBC. He came to The New Yorker after working for newspapers on both sides of the Atlantic. He joined the Sunday Times, in London, in 1986, and served as the paper’s Washington bureau chief for three years, and then as its business editor, from 1991 to 1993. From 1993 to 1995, he was at the New York Post, where he edited the Business section and then served as the deputy editor.
July 19, 2010
Blog: Rational Irrationality
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The Stimulus Debate: I’m with Larry (and Keynes)
- Over the years, like many people, I’ve had my share of disagreements with Larry Summers, especially on the issue of financial regulation. But when it comes to fiscal policy and the impact of deficit-financed stimulus...
July 26, 2010
Annals of Economics
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The Volcker Rule
- ANNALS OF ECONOMICS about Paul Volcker and the financial-reform bill…
July 13, 2010
Blog: Rational Irrationality
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Farewell to the Boss
- Some eight years ago, when I was writing a Profile of George Steinbrenner, he showed me around the practice facility near Legends Field, the Yankees’ spring training stadium in Tampa, Florida, which was later named...
June 21, 2010
Blog: Rational Irrationality
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Back to the Thirties? Now It’s Britain’s Turn.
- For the past year and a half, I have been in the unusual (for me) position of being relatively optimistic about the U.S. and the global economy. While Nouriel Roubini and other pessimists banged on...
June 14, 2010
Blog: The Sporting Scene
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By the Horns
- Four days in, and South Africa 2010 is shaping up as a great international event, and maybe even an exciting soccer tournament. Which is good news because, contrary to all the hype you may have...
May 21, 2010
Blog: Rational Irrationality
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Two Cheers for Financial Reform
- The financial-reform bill that the Senate voted through last night is an improvement on House bill from last fall, and its passage means final legislation is virtually inevitable early this summer. Given the dysfunctional political...
May 18, 2010
Blog: Rational Irrationality
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Is Larry Summers the New Henry Kissinger?
- Apparently, he is. At least, that’s the message from Ed Luce, the Financial Times’s Washington bureau chief, who has a long piece about Obama’s economics team in today’s edition of the Pink ’Un. “While...
May 11, 2010
Blog: Rational Irrationality
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Time to Let the Tories into Downing Street
- UPDATE, 3:45 P.M.: Gordon Brown has resigned, and David Cameron has become the new British prime minister. The last twenty-four hours have been great fun. Since Gordon Brown detonated his I.E.D. yesterday afternoon, the Westminster...
May 10, 2010
Blog: Rational Irrationality
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Gordon Blows Up U.K. Election
- Take that, Tory Boy. Gordon Brown has just turned the British election upside down, announcing that a) he is preparing to step down as Labour’s leader, and b) he is opening formal talks with Nick...
May 7, 2010
Blog: Rational Irrationality
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Hung Parliament: the Horse-Trading Begins
- At about 3 A.M. today (London time), David Dimbleby, the BBC’s urbane election presenter scratched his head. “This is a very confusing election,” he said. Twelve hours later, following carefully worded public statements by Nick...
