John Kay (economist)
In 1979, Kay became Research Director and the Director of the independent think tank, the Institute for Fiscal Studies. In 1986 he became a professor at the London Business School and founded London Economics, a consultancy firm. He was the first director of Oxford's Said Business School from 1997 to 1999, and has written at some length as to why he chose to resign after only two years. He has served as a director of Halifax plc and of several investment companies.
In 2012 he presented a substantial report to the British government on reform of the equity market, which suggested that the stockmarket exists to provide companies with equity capital and to give savers a stake in economic growth. Over time that simple truth has been forgotten. Kay suggested a series of reforms which he hoped would correct some problems with stock markets; some critics suggested his analysis of the problem was better than his proposed solution.
- The Hare & the Tortoise (2006)
- Everlasting Light Bulbs (2004)
- The Business of Economics (1996)
Other books include:
- Obliquity: How our goals are best pursued indirectly (2010)
- The long and the Short of it: Finance and investment for normally intelligent people who are not in the industry (2009)
- The Truth About Markets (2003). Published in the USA in 2004 as Culture and Prosperity: Why some nations are rich but most remain poor. HarperCollins.
- Why Firms Succeed (1995), is a slightly revised, shortened version of Foundations of Corporate Success, written for the American market.
- Foundations of Corporate Success (1993)
- The British Tax System, (1979, and four subsequent editions), with Mervyn King. ISBN 978-0198283133.
- Biography at St John's College, Oxford
- http://www.johnkay.com/about John Kay website - About John Kay
- Kay, John (2000) "The Management of the University of Oxford... Facing the Future." Also see the following articles in Prospect: "A Lost Cause?", December 2000, "Reply", January 2001, and "Arguing over Oxford," February 2001. See his "Oxford Experiences," Times Higher Education Supplement, 24 November 2000. Morrison, Richard, "Has Oxford missed the boat?" The Times, 30 November 2000.
- Princeton University Press, European Advisory Board
- The full report is available here
- Quote from the Economist magazine, print edition, 28th July 2012, available here
- For example, the Economist magazine, print edition, 28th July 2012, concluded his report... is unlikely to change much, available here