John Cassidy
British journalist and author specializing in economics and finance; long-time staff writer at The New Yorker and author of books including How Markets Fail.
Books
This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.
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1. Capitalism And Its Critics
A History: From the Industrial Revolution to AI
John Cassidy presents a global history of capitalism told through the perspectives of its critics. Moving from early colonial companies and industrial revolts to 20th‑century movements and contemporary debates, the book profiles both well‑known thinkers and lesser‑known voices to show how dissenting ideas have shaped economic theory and illuminate present‑day issues like automation, inequality, and climate change.
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2. How Markets Fail
The Logic of Economic Calamities
The book argues that markets are not inherently self-correcting and that faith in efficient-market theory and mathematical models helped precipitate recurring financial crises; it traces how assumptions of rational actors, flawed models, perverse incentives and deregulation obscured systemic risk and enabled asset bubbles and collapses up to the 2007–08 meltdown. By combining history of economic ideas with case studies of crashes and failures, the author shows how complexity, uncertainty and human behavior produce market breakdowns and contends that stronger regulation and intellectual humility are needed to prevent future calamities.
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