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Listen to John’s FT podcast on Other People’s Money

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Other People's Money: Masters of the Universe or Servants of the People? (Hardback)

Other People’s Money: Far too much of a good thing

In the City, they sell and buy. And nobody ever asks them why. But since it contents them to buy and sell, God forgive...

Other People’s Money: Masters of the Universe or Servants of the People?

You can order Other People's Money (UK edition) from this website in hardback or paperback for £15 or £9.99 respectively (incl. p&p to the UK and...

The Price of Everything: What People get Wrong About Cost-Benefit Analysis

Is cost-benefit analysis a useful tool of policy that has transformed the quality of public decision-making? Or is it a pseudo-scientific cover...

Look behind the fiscal tree but don’t expect to find any money

There is plenty of tax waste and avoidance — but if eliminating them was painless, it would have happened. However, one need not believe in pots of gold behind the tree to be concerned. Tax is a moral issue, and paying it demonstrates a sense of shared values of importance to economic and social life in the modern state.

A currency is anything that two people agree is a currency

Money is a confidence game; its value depends entirely on the willingness of other people to accept it.

The limits of what money can buy

Should there be markets for sperm, surrogate motherhood or transplant organs?

The other multiplier effect, or Keynes’s view of probability

The only reasonable response to the question “what will interest rates be in 20 years’ time?” is “we simply do not know”.

Some euros are more equal than others

Gresham’s Law – bad money drives out good – dates from an era of metallic currency: debased coins circulated, genuine ones were hoarded.

Cautionary lessons on ethics from yet another bank fiasco

Market economies are always vulnerable to chancers and spivs who sell overpriced goods to ill-informed customers and seem to promise things they do not intend to deliver.

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