John Cassidy

Staff Writer
The New Yorker

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,” was 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.

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John Cassidy, writer from the New Yorker Magazine, says that because of the recent recession, the economic rise of China and India, and issues like climate change, the role of the state in capitalist societies is being reevaluated. He says that the idea of state intervention is more flexible than it has been, even ten or 15 years ago.

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The Inaugural Conference @ King's, Institute for New Economic Thinking, Opening Session Q&A: Where are we now? Debts, Deficits and Global Financial Stability.

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"The New World Disorder: Facing the threat of an international economic crash, policymakers are searching for a new John Maynard Keynes to put things right.  They should revisit the old one." An article written by John Cassidy published in The New Yorker on October 26, 1998.