Sebastian Mallaby
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Sebastian Christopher Peter Mallaby (born May 1964) is an English journalist and author, Paul A. Volcker senior fellow for
international economics International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns an ...
at the
Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank focused on Foreign policy of the United States, U.S. foreign policy and international relations. Founded in 1921, it is an independent and nonpartisan 501(c)(3) nonprofit organi ...
(CFR), and contributing columnist at ''
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 ...
''. Formerly, he was a contributing editor for the ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'' and a columnist and editorial board member at ''The Washington Post''. His recent writings have been published in ''
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 ...
'', ''
The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'', and the ''
Atlantic Monthly ''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 1857 ...
''. His books include '' The Man Who Knew'' (2016), ''
More Money Than God ''More Money Than God: Hedge Funds and the Making of a New Elite'' (2010) is a financial book by Sebastian Mallaby published by Penguin Press. Mallaby's work has been published in the ''Financial Times'', ''The Washington Post'', ''The New York ...
'' (2010), and '' The World's Banker'' (2004).


Early life

Sebastian Mallaby was born in May 1964, the son of Sir Christopher Mallaby, who was Ambassador of the United Kingdom to Germany (1988–1993) and Ambassador of the United Kingdom to France (1993–1996), and Lady Pascale Mallaby.Andrew Hilton
"More Money Than God"
''Financial World'', Dec 2010
He was educated at
Eton College Eton College ( ) is a Public school (United Kingdom), public school providing boarding school, boarding education for boys aged 13–18, in the small town of Eton, Berkshire, Eton, in Berkshire, in the United Kingdom. It has educated Prime Mini ...
, won an academic scholarship to
Oxford University The University of Oxford is a collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the second-oldest continuously operating u ...
, and graduated in 1986 with a First Class degree in modern history.David Bukey. , The AT Interview, ActiveTrader,


Career

Mallaby worked at ''The Washington Post'' from 1999 to 2007 as a columnist and member of the editorial board. Prior to that he spent thirteen years with ''
The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'', in London, where he wrote about foreign policy and international finance. He also spent time in Africa, where he covered
Nelson Mandela Nelson Rolihlahla Mandela ( , ; born Rolihlahla Mandela; 18 July 1918 – 5 December 2013) was a South African Internal resistance to apartheid, anti-apartheid activist and politician who served as the first president of South Africa f ...
's release and the collapse of
apartheid Apartheid ( , especially South African English:  , ; , ) was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s. It was characterised by an ...
; and in Japan, where he covered the breakdown of the country's political and economic consensus during the 90s. Between 1997 and 1999 Mallaby was the ''Economist''’s Washington bureau chief and wrote the magazine's weekly "Lexington" column on American politics and foreign policy. ''
Foreign Affairs ''Foreign Affairs'' is an American magazine of international relations and foreign policy of the United States, U.S. foreign policy published by the Council on Foreign Relations, a nonprofit organization, nonprofit, nonpartisan, membership or ...
'' published his essay "The Reluctant Imperialist" about failed states in 2002. Mallaby is a two-time
Pulitzer Prize The Pulitzer Prizes () are 23 annual awards given by Columbia University in New York City for achievements in the United States in "journalism, arts and letters". They were established in 1917 by the will of Joseph Pulitzer, who had made his fo ...
finalist: in 2005 for editorials on
Darfur Darfur ( ; ) is a region of western Sudan. ''Dār'' is an Arabic word meaning "home f – the region was named Dardaju () while ruled by the Daju, who migrated from Meroë , and it was renamed Dartunjur () when the Tunjur ruled the area. ...
and in 2007 for a series on economic inequality in America. He wrote a long read for ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardi ...
'' on 'the cult of the expert - and how it collapsed'.


Books

Mallaby's books include ''After Apartheid'' (1992), which was a
New York Times Notable Book ''The New York Times Book Review'' (''NYTBR'') is a weekly paper-magazine supplement to the Sunday edition of ''The New York Times'' in which current non-fiction and fiction books are reviewed. It is one of the most influential and widely rea ...
. ''The World's Banker'' (2004) is a portrait of the
World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
under
James Wolfensohn Sir James David Wolfensohn (1 December 193325 November 2020) was an Australian-American lawyer, investment banker, and economist who served as the ninth president of the World Bank Group (1995–2005). During his tenure at the World Bank, he is ...
. An essay in the ''Financial Times'' said of ''The World's Banker'', "Mallaby's book may well be the most hilarious depiction of a big organization and its controversial boss since
Michael Lewis Michael Monroe Lewis (born October 15, 1960) Gale Biography In Context. is an American author and financial journalist. He has also been a contributing editor to '' Vanity Fair'' since 2009, writing mostly on business, finance, and economics. ...
's ''
Liar's Poker ''Liar's Poker'' is a non-fiction, semi-autobiographical book by Michael Lewis describing the author's experiences as a bond salesman on Wall Street during the late 1980s. First published in 1989, it is considered one of the books that defined ...
''." Mallaby published a history of the hedge-fund industry in ''
More Money Than God ''More Money Than God: Hedge Funds and the Making of a New Elite'' (2010) is a financial book by Sebastian Mallaby published by Penguin Press. Mallaby's work has been published in the ''Financial Times'', ''The Washington Post'', ''The New York ...
: Hedge Funds and the Making of a New Elite'' (2010). ''Washington Post'' columnist Steve Pearlstein called it "the definitive history of the
hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
industry, a compelling narrative full of larger-than-life characters and dramatic tales of their financial triumphs and reversals." It was the recipient of the 2011
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 ...
, a finalist in the 2010 Financial Times and Goldman Sachs Business Book of the Year Award, and a 2010
New York Times bestseller ''The New York Times'' Best Seller list is widely considered the preeminent list of best-selling books in the United States. John Bear, ''The #1 New York Times Best Seller: intriguing facts about the 484 books that have been #1 New York Times ...
. After five years of research and in-person interviews, Mallaby's '' The Man Who Knew: The Life and Times of Alan Greenspan'' was published in October 2016. A biography of former Fed Chair
Alan Greenspan Alan Greenspan (born March 6, 1926) is an American economist who served as the 13th chairman of the Federal Reserve from 1987 to 2006. He worked as a private adviser and provided consulting for firms through his company, Greenspan Associates L ...
, it was praised by former
Governor of the Bank of England The governor of the Bank of England is the most senior position in the Bank of England. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent choosing and mentoring a successor. The governor ...
Mervyn King as "a fascinating and balanced study of arguably the most important figure of the post-war global financial scene." It won the 2016
Financial Times and McKinsey Business Book of the Year Award ''Financial Times'' Business Book of the Year Award is an annual award given to the best business book of the year as determined by the ''Financial Times''. It aims to find the book that has "the most compelling and enjoyable insight into modern ...
. In 2022, Mallaby published his fifth book, ''The Power Law: Venture Capital and the Making of the New Future'', a history of the venture capital industry's development in the U.S. and globally over the last seven decades''.''


Personal life

Mallaby is married to the English journalist
Zanny Minton Beddoes Susan Jean Elisabeth "Zanny" Minton Beddoes (born July 1967) is a British journalist. She is the editor-in-chief of ''The Economist'', the first woman to hold the position. She began working for the magazine in 1994 as its emerging markets co ...
, who is the Editor-in-Chief for ''
The Economist ''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
'' and the first woman to hold the position. They have four children.


References


External links

*
Author Sebastian Mallaby
Charlie Rose show, 14 July 2010.
Sebastian Mallaby
at the ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'' {{DEFAULTSORT:Mallaby, Sebastian Living people 1964 births English journalists People educated at Eton College Alumni of the University of Oxford Sebastian Gerald Loeb Award winners for Business Books