PHILIP ARESTIS is University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK. He is also Adjunct Professor of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, University of Leeds, UK; and Visiting Professor, School of Oriental and African Studies (SOAS), University of London, UK. He was a member of the Economics and Econometrics RAE panel in 1996 and in 2001, and Quality Assessor for the quality assessment exercise in Economics of the Scottish Higher Education Funding Council, the Welsh Funding Councils and of the Higher Education Funding Council in… England. He was a member of the Council of the Royal Economic Society (RES), and Secretary of the RES Standing Conference of Heads of Department in Economics (CHUDE). He is currently Vice-Chair of the ESRC-funded Macroeconomics, Money and Finance Research Group. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals. JOHN EATWELL is President of Queens' College, Cambridge, and Professor of Financial Policy and Director of the Centre for Financial Analysis and Policy (CFAP) at Judge Business School, University of Cambridge. He has authored and edited a wide range of books on economics and finance, including the The New Palgrave: A Dictionary of Economics (1987 edition), and The New Palgrave Dictionary of Money and Finance (both co-edited with Peter Newman and Murray Milgate).