John Kay is one of Britain’s leading economists.  His interests focus on the relationships between economics and business.  His career has spanned academic work and think tanks, business schools, company directorships, consultancies and investment companies.   For more details of John’s biography, see the About section.

John Kay chaired the Review of UK Equity Markets and Long-Term Decision-Making which reported to the Secretary of State for Business, Innovation and Skills on the 23rd July 2012. He is a visiting Professor of Economics at the London School of Economics, a Fellow of St John’s College, Oxford. He is a Fellow of the British Academy, a Fellow of the Royal Society of Edinburgh. He is a director of several public companies and contributes a weekly column to the Financial Times. He is the author of many books, including The Truth about Markets (2003) and The Long and the Short of It: finance and investment for normally intelligent people who are not in the industry (2009) and his latest book, Obliquity was published by Profile Books in March 2010. Some of his most influential, recent work has been on banking regulation, and you can read about his vision for the sector in his 2009 essay, Narrow Banking.

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GDP is flawed – just not the way most people think

It is a poor criticism of a thermometer that it does not tell us how comfortable we feel.

English law cannot stop Scots being sterling squatters

In today’s world of global business and finance, people make agreements in whatever currency they like and under whatever legal system they choose.

The welfare cap replaces political judgment with spin

Whatever initial misconceptions spin doctors may promote, reality will out.

Regulators will get the blame for the stupidity of crowds

Just as dammed water finds new channels of escape, crowdfunding seems to provide a way around the blockage.