Josh Ryan-Collins

University College London


Josh is Associate Professor in Economics and Finance at the Institute of Innovation and Public Purpose at UCL. His research focuses on money and banking, the economics of housing and land and sustainable finance.

His co-authored book Where Does Money Come From? (2011, New Economics Foundation) was the first comprehensive guide to the workings of a modern capitalist monetary system (the UK). The book helped establish the role of commercial banks in the money creation process and is used as a textbook to teach banking in the UK and US.

Josh’s work on the interaction between the financial sector and housing markets - featured in his book, Why Can't you Afford a Home (Polity 2018) - has received international press coverage and led to invitations to provide guest lectures and advisory work from governments, public agencies, academics and civil society groups across the world. His co-authored book 'Rethinking the Economics of Land and Housing' (2017, Zed books) was included in the Financial Times’ top 12 economics books of 2017. He also held a visiting scholarship at the University of Sydney examining the Australian housing market.

Josh's other main field of interest is in the role of central banks and financial supervisors in supporting environmental sustainability goals. He has given evidence to the European Parliament and central banks on these topics alongside a series of papers promoting the idea of 'precautionary policy' framework to legitimize a more interventionist forms of regulation. His work in this area has featured in journals include Ecological Economics and Nature Climate Change.

Josh was previously Senior Economist and Head of the Finance program with the New Economics Foundation (NEF), one of the UK’s leading progressive think tanks. He is a council member of the Progressive Economy Forum and holds a Ph.D. in finance and economics from the University of Southampton Business School.

Research interests

Heterodox Economics