John Cassidy

John Cassidy is a journalist at The New Yorker and a frequent contributor to The New York Review of Books. He is the author of How Markets Fail and Dot.con: How America Lost Its Mind and Money in the Internet Era and lives in New York City.

John Cassidy

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July 08, 2014

Brazil’s Humiliation: How to Lose 7–1

Well, I asked for a memorable game with lots of goals. But even I wasn’t quite thinking about five in the first twenty-nine minutes—all in the same direction. “Five-nil,” ESPN’s Ian Darke said after the fifth German goal went in. “This is utterly beyond belief.”No quibbling...

Posted by John Cassidy at 9:30 pm     
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How Markets Fail

John Cassidy

For fifty years, economists have been developing elegant theories or how markets facilitate innovation, create wealth, and allocate society's resources...

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