John Kay

John Kay

John Kay is one of Britain’s leading economists and a fellow of St John’s College Oxford. His career has spanned academia, business, finance and public policy. He was the founding head of the Oxford Said Business School and the Institute for Fiscal Studies – Britain’s most respected think tank. He is the author of The Truth About Markets, Obliquity, Other People’s Money and other books and for twenty years contributed a regular column to the Financial Times.

  • Economics
  • 1948
  • Male
  • 1
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    By : John Kay

    The Truth About Markets: Why Some Nations are Rich But Most Remain Poor

    Why do some markets hum with prosperity while others falter and fracture under pressure? The Truth About Markets is a sharp, thought-provoking journey through the beating heart of economic systems—from the corridors of Wall Street to the bazaars of emerging economies—exposing the myths, contradictions, and unexpected virtues of market behavior. With wit and precision, it dismantles the illusion of perfect rationality, revealing instead a world where culture, institutions, and human folly shape the destinies of nations. Is efficiency always the endgame—or might the most successful markets be those that are messier, more human, and less driven by cold equations? This book is both an intellectual provocation and a call to reimagine the values we assign to wealth, success, and collective good.

    • Originally Published: 2003
    • Publisher : Penguin, 2004
    • Genre: Non-fiction
    • Pages: 496
    • Book Type: Hardcopy
    • ISBN-13:  9780140296723
    • Access: Members