A scathing and well-informed critique of the financial industry by leading economist John Kay
John Kay is a visiting professor at the London School of Economics, and a Fellow of St John's College, Oxford. He is a director of several public companies and contributes a weekly column to the Financial Times. He chaired the UK government review of Equity Markets which reported in 2012 recommending substantial reforms. He is the author of many books, including The Truth about Markets (2003) and The Long and the Short of It (2009) and Obliquity (2010), published by Profile Books.
Should be read by everyone concerned with preventing the next
crisis.... he skewers the pretensions of the finance sector and
questions whether its high rewards reflect its true economic
contribution. Barely a page goes by without an acute observation or
pithy aphorism.
*The Economist*
Kay is both a first-class economist and an excellent writer
*Financial Times*
Quite brilliant [...] about as good a demonstration of Kay's skills
(as economist, thinker and writer) as you are likely to find.
*Prospect magazine*
John Kay is one of the most engaging and accessible writers on
economics in Britain today
*Morning Star*
An admirable debunker of myths and false beliefs - Kay can see
substantial things others don't.
*The Black Swan*
Mr Kay is a brilliant writer.
*Wall Street Journal*
An unparalleled communicator of economics to a non-specialist
audience... a scintillating contribution to the debate not just on
the future of finance but how we should run our economy.
*The New Statesman*
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