John Eatwell, Baron Eatwell Explained

Honorific-Prefix:

The Right Honourable

The Lord Eatwell

Office1:

President of Queens' College, Cambridge

Term Start1:

1996

Term End1:

2020

Predecessor1:

John Polkinghorne

Successor1:

Mohamed A. El-Erian

Office2:

Member of the House of Lords
Lord Temporal

Term Start2:

14 July 1992
Life Peerage

Birth Name:

John Leonard Eatwell

Birth Date:

1945 2, df=yes

Party:

Labour

Occupation:

Economist

Module:

Child:

yes

John Leonard Eatwell, Baron Eatwell, (born 2 February 1945) is a British economist who was President of Queens' College, Cambridge, from 1996 to 2020. A former senior advisor to the Labour Party, Lord Eatwell sat in the House of Lords as a non-affiliated peer from 2014 to 2020, before returning to the Labour bench.

Early life and education

Eatwell was born on 2 February 1945. He was educated at Headlands Grammar School in Swindon in Wiltshire. He studied at Queens' College, Cambridge, graduating with a Bachelor of Arts (BA) degree in 1967: as per tradition, his BA was promoted to a Master of Arts (MA Cantab) degree in 1971.^[1] As a Kennedy Scholar,^[2] he studied at Harvard University and graduated with a Doctor of Philosophy (PhD) degree in 1975.

Career

Academic career

While studying for his doctorate at Harvard University, Eatwell was a teaching fellow in the Harvard Graduate School of Arts and Sciences from 1968 to 1969 and a research fellow at Queens' College, Cambridge, from 1969 to 1970. In 1970, he was elected a Fellow of Trinity College, Cambridge, and would stay with the college for the next 36 years. Having completed his doctorate in 1975, he was an assistant lecturer (1975–1977) and then lecturer (1977–2002) in the University of Cambridge's Faculty of Economics and Politics. He was additionally a visiting professor in economics at the New School for Social Research in New York City from 1982 to 1996. He was President of Queens' College, Cambridge, from 1997 to 2020,^[3] and Professor of Financial Policy at the Cambridge Judge Business School from 2002 to 2012.

In May 2014, Lord Eatwell was appointed Chair of the Advisory Board of the Institute for Policy Research (IPR) at the University of Bath.^[4]

Political career

Eatwell was chief economic adviser to Neil Kinnock, the then-Leader of the Labour Party, from 1985 to 1992.^[5]

He was created a life peer as Baron Eatwell, of Stratton St Margaret in the County of Wiltshire, on 14 July 1992, and joined the House of Lords as a Labour peer. From 1992 to 1993, he was the opposition spokesman on Treasury affairs, and on trade and industry. He served as Principal Opposition spokesman on Treasury and economic affairs in the House of Lords from 1993 to 1997.

In 2010, he was appointed a Labour Opposition Spokesman for the Treasury in the House of Lords by former leader Ed Miliband.^[6] ^[7] From 27 March 2014 to 23 April 2020, he sat as a non-affiliated peer.^[8] Once more sitting as a Labour peer, he has served on the Lords Industry and Regulators Committee since 14 April 2021.

Other works

Eatwell was chair of CRUSAID, an HIV/AIDS charity, from 1993 to 1998, and of the British Library Board from 2001 to 2006.

Personal life

Eatwell was married to Hélène Seppain, with whom he has three children, the Hon. Nikolai Eatwell (a partner at Clifford Chance), the Hon Vladimir Eatwell (a software developer), and the Hon. Tatyana Eatwell (a barrister).^[9]

Selected bibliography

Books

Book: Eatwell . John . Milgate . Murray . Murray Milgate . Keynes's economics and the theory of value and distribution . Duckworth . London New York . 1983 . 9780715617496 .
Book: Eatwell . John . Milgate . Murray . Newman . Peter K. . Peter Kenneth Newman . The New Palgrave: a dictionary of economics . Macmillan Stockton Press Maruzen . London New York Tokyo . 1987 . 9780333740408 .
Book: Eatwell . John . Milgate . Murray . Newman . Peter K. . The New Palgrave: Allocation, information, and markets . Norton . New York . 1989 . 9780393958546 .
Book: Eatwell . John . Milgate . Murray . Newman . Peter K. . The New Palgrave: capital theory . registration . Norton . New York . 1990 . 9780393958553 .
Book: Eatwell . John . Milgate . Murray . Newman . Peter K. . The new Palgrave dictionary of money & finance (3 volume set) . Macmillan Press Stockton Press . London New York . 1992 . 9780333527221 .
Book: Eatwell, John . Global unemployment: loss of jobs in the '90s . M.E. Sharpe . New York . 1996 . 9781563245824 .
Book: Eatwell . John . Rosenau . James . Jelin . Elizabeth . McGrew . Anthony . James N. Rosenau . Understanding globalisation: the nation-state, democracy and economic policies in the new epoch: essays . Almqvist & Wiksell . Stockholm . 1998 . 9789122017820 .
Book: Eatwell . John . Taylor . Lance . Global finance at risk: the case for international regulation . New Press . New York . 2000 . 9781565846388 .
Book: Eatwell . John . Taylor . Lance . International capital markets: systems in transition . Oxford University Press . Oxford New York . 2002 . 9780195154986 .
Book: Eatwell . John . Alexander . Kern . Dhumale . Rahul . Global governance of financial systems the international regulation of systemic risk . Oxford University Press . Oxford New York . 2006 . 9780195166989 . registration .
Book: Eatwell . John . Milgate . Murray . The fall and rise of Keynesian economics . Oxford University Press . New York . 2011 . 9780199777693 .

Chapters in books

- - - - Pdf version.

Journal articles

Eatwell . John . On the proposed reform of corporation tax . Bulletin of the Oxford University Institute of Economics & Statistics . 33 . 4 . 267–274 . Wiley Online . 10.1111/j.1468-0084.1971.mp33004003.x . November 1971 .
Eatwell . John . Llewellyn . John . Tarling . Roger . Money wage inflation in industrial countries . Review of Economic Studies . 41 . 4 . 515–523 . Oxford University Press . 10.2307/2296701 . October 1974 . 2296701 .
Eatwell . John . The interpretation of Ricardo's Essay on Profits . Economica . 42 . 166 . 182–187 . Wiley via JSTOR . 10.2307/2553593 . May 1975 . 2553593 .
Eatwell . John . A note on the truncation theorem . Kyklos . 28 . 4 . 870–875 . Wiley . 10.1111/j.1467-6435.1975.tb02179.x . November 1975 .
Eatwell . John . Mr. Sraffa's standard commodity and the rate of exploitation . The Quarterly Journal of Economics . 89 . 4 . 543–555 . Oxford University Press . 10.2307/1884691 . November 1975 . 1884691 . (Originally printed in Ekonomiska in 1973.)
Eatwell . John . The irrelevance of returns to scale in Sraffa's analysis . Journal of Economic Literature . 15 . 1 . 61–68 . American Economic Association via JSTOR . March 1977 . 2722714 .
Eatwell . John . Portrait: Joan Robinson . . 20 . 1 . 64–65 . M.E. Sharpe, Inc. via JSTOR . March–April 1977 . 40719515 .
Eatwell . John . On the theoretical consistency of theories of surplus value: a comment on Savran . Capital & Class . 4 . 1 . 155–158 . Sage . 10.1177/030981688001000110 . Spring 1980 . 153850206 .
Eatwell . John . Milgate . Murray . Murray Milgate . Economic theory and European society: the influence of J.M. Keynes . History of European Ideas . 9 . 2 . 215–225 . Taylor and Francis . 10.1016/0191-6599(88)90042-3 . 1988 .
Eatwell . John . The global money trap: can Clinton master the markets? . American Prospect . 4 . 12 . 118–126 . The American Prospect . January 1993 .
Eatwell . John . Citizen Keynes . American Prospect . 5 . 16 . 115–124 . The American Prospect . December 1993 .
Eatwell . John . Institutions, efficiency, and the theory of economic policy . Social Research . 61 . 1 . 35–53 . The New School via JSTOR . Spring 1994 . 40971021 .
Eatwell . John . Wallace . P. . Responses: The British economy . New Statesman . 9 . 402 . 32 . 1996 . dead . https://web.archive.org/web/20140710190549/http://www.newstatesman.com/archive/archive . 10 July 2014 . dmy .
Eatwell . John . Taylor . Lance . The American stock-flow trap . . 42 . 5 . 34–49 . M.E. Sharpe, Inc. via JSTOR . September–October 1999 . 40721969 .
Eatwell . John . The anatomy of the pensions 'crisis' . Capital & Class . 3 . 57–67 . UNECE – United Nations Economic Commission for Europe . Spring 1999 . Pdf version.
Eatwell . John . From cooperation to coordination to control? . New Political Economy . 4 . 3 . 410–415 . Taylor and Francis . 10.1080/13563469908406412 . 1999 .
Eatwell . John . Taylor . Lance . Towards an effective regulation of international capital markets . International Politics and Society / Politik und Gesellschaft . 3 . 279–286 . Friedrich-Ebert-Stiftung . 1999 .
Eatwell . John . Unemployment: national policies in a global economy . International Journal of Manpower . 21 . 5 . 343–373 . Emerald Insight . 10.1108/01437720010377675 . 2000 .
Eatwell . John . Useful bubbles . Contributions to Political Economy . 23 . 1 . 35–47 . Oxford University Press . 10.1093/conpec/bzh009 . November 2004 .
Eatwell . John . Izurieta . Alex . Cripps . Francis . Financial imbalances in the world economy . Economic and Political Weekly . 40 . 52 . 5453–5456 . EPW Research Foundation . 24 December 2005 . dead . https://web.archive.org/web/20140813173600/http://www.epw.in/commentary/financial-imbalances-world-economy.html . 13 August 2014 . dmy .
Eatwell . John . Britain and America: ameliorating unilateralism . Social Research . 72 . 4 . 791–798 . The New School via JSTOR . Winter 2005 . 10.1353/sor.2005.0030 . 40971794 . 141741585 .

Papers

Eatwell, John; Ellman, Michael; Karlsson, Mats; Nuti Mario; and Shapiro, Judith. (1997) Not 'just another accession': the political economy of EU enlargement to the East. London: Institute for Public Policy Research.
Eatwell, John and Taylor, Lance (2000) Capital flows and the international financial architecture: a paper from the Project on Development, Trade, and International Finance. New York, NY: Council on Foreign Relations Press.
Eatwell, John; Ellman, Michael; Karlsson, Mats; Nuti Mario; and Shapiro, Judith. (2000) Hard budgets and soft states: social policy choices in central and eastern Europe. London: Institute for Public Policy Research.
Eatwell, John; Alexander, Kern; Persaud, Avinash; and Reoch, Robert. (2007) Financial supervision and crisis management in the EU. Brussels: European Parliament Committee on Economic and Monetary Affairs.

Arms

Escutcheon:	Azure a fess dancetty between in chief semy of fleurs-de-lys enfiling ancient crowns and in base a beech tree windblown to the sinister and eradicated Argent a bordure Vert.
Crest:	A swan rousant Proper wings elevated and addorsed bezanty holding in the beak a lily Argent slipped and leaved Vert.
Badges:	Two hammers in saltire Or heads upwards Argent in front of a fleur-de-lys also Argent all enfiling a coronet Or.
Supporters:	On either side a cat Azure resting its interior hind foot on a hammer head in chief Or in front of a rugby football palewise Proper and resting its exterior hind foot on a closed book bound Vert edges Or charged on the spine with a needle and thread fesswise Argent.
Motto:	Flectitur Non Frangitur (The Tree Bends But Does Not Break)^[10]

External links

Notes and References

Web site: Eatwell, Baron, (John Leonard Eatwell) (born 2 Feb. 1945) . Who's Who 2021 . Oxford University Press . 29 April 2021 . en . 1 December 2020.
Web site: Full List of Kennedy Scholars . Kennedy Memorial Trust . 29 April 2021.
Web site: Professor Lord John Eatwell . Queens' College . University of Cambridge . 29 April 2021.
Web site: Lord Eatwell appointment to boost impact of University research among policy makers University of Bath . 8 October 2014 . 3 September 2015 . https://web.archive.org/web/20150903080134/http://www.bath.ac.uk/ipr/news/news-0103.html . dead .
http://news.bbc.co.uk/1/hi/programmes/the_westminster_hour/7745032.stm BBC NEWS | Programmes | The Westminster Hour | Deja vu
http://www2.labour.org.uk/labours-new-front-bench-team Labour's New Front Bench Team
https://www.webarchive.org.uk/wayback/archive/20110729031323/http://www.parliament.uk/biographies/lords/26651 Lord Eatwell
Web site: Lord Eatwell: Parliamentary career . UK Parliament . 30 April 2021 . en.
Web site: Person Page.
Book: Debrett's Peerage . 2019 . 2483.