John Kay is an economics professor and has been a fellow of St. John’s College at the University of Oxford since 1970. He is also a regular contributor to the Financial Times and the author of the books Obliquity and The Long and Short of It.
Other People’s Money (2015) offers a detailed breakdown of the financial sector: how it functions, the effect it has on economies and what its purpose should ideally be – as opposed to what its current purpose is. Find out why the international financial sector has become a ruthless mechanism made up of rotten parts, and discover how these parts can be eliminated and, eventually, replaced.
Other People's Money by John Kay explores the role of the financial sector in modern economies and the impact it has on society. Kay delves into the world of banking, investment, and speculation, offering a critical analysis of how the pursuit of profit often comes at the expense of the wider community. Through real-life examples and thought-provoking insights, the book challenges our understanding of the financial industry and calls for a more responsible and sustainable approach to managing other people's money.
Individuals seeking to understand the flaws and risks in the financial system
Investors looking to make more informed decisions about their money
Regulators and policymakers interested in reforming the finance industry