Imperial College London


Business School

Chair in Economics



+44 (0)20 7594 8563j.haskel Website CV




Ms Donna Sutherland-Smith +44 (0)20 7594 1916




296Business School BuildingSouth Kensington Campus





Information on this page:


Jonathan Haskel is Professor of Economics at Imperial College Business School, Imperial College London and Director of the Doctoral Programme at the School.  He was previously Professor and Head of Department at the Department of Economics, Queen Mary, University of London.  He has taught at the University of Bristol and London Business School and been a visiting professor at the Tuck School of Business, Dartmouth College, USA; Stern School of Business, New York University, USA;  and visiting researcher at the Australian National University. 

Since 1st September, 2019, he has been an External Member of the Monetary Policy Committee, Bank of England.

From 1st February 2016 to 31 January 2023, he was a non-Executive Director of the UK Statistics Authority.

From September 2015 to September 2018, he was a member of the Financial Conduct Authority Competition Decisions Committee and the Payment System Regulator Enforcement and Competition Decisions Committee.

Between 2001-2010 was a Member, Reporting Panel of the Competition Commission (now the Competition and Markets Authority), on market inquiries into Mobile Phones, Home Credit and Airports, and the EMAP/ABI merger.

He has been on the editorial boards of Economica, Journal of Industrial Economics and Economic Policy.

He is an elected member of the Conference on Research in Income and Wealth (CRIW) and a research associate of the Centre for Economic Policy Research, the Centre for Economic Performance, LSE, and the IZA, Bonn.

Between 2013 and 2016, he was an elected member of the Council of the Royal Economic Society and between November 2012 and December 2015, a member of the "Research, Innovation, and Science Policy Experts" (RISE) high level group advising the European Commissioner for Research, Innovation, and Science on policy.

Short research statement: My main research interests are productivity, innovation, intangible investment and growth.  I currently study (a) how much firms investment in “intangible” or "knowledge" assets, such as software, R&D and new business processes (b) how much such investment contributes to economic growth as whole and (c) what public policy implications there might be, especially for science policy.  This work uses a mix of data at the levelsof company, individual, industry and whole economy.

My  work on the contribution of science to economic growth was kindly extensively quoted by ministers in the run up to the 2010 Spending Review where the science budget escaped large cutsHere is a video of me talking about why the science budget should be defended. 

Indigo Prize

In October 2017 I was the joint winner of the first Indigo Prize , for re-engineering GDP, in a team with Carol Corrado, Kevin Fox, Peter Goodridge, Cecilia Jona-Lasinio, Dan Sichel and Stian Westlake.  Links to our essay, coverage in the FT, Daily Telegraph, Imperial College.

Vox-EU podcast.

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BOOKS AND Papers in progress:


Haskel, J and Westlake, S, (2022), "Restarting the Future: How to Fix the Intangible Economy" Princeton University Press, ISBN:9780691211589

by Jonathan Haskel and Stian Westlake,published by Princeton University Press.  UK release 22nd March 2022.  US release 5th April 2022.

Links: Princeton University Press,;  Short video.



Thought-provoking---Martin Wolf, Financial Times

 A fascinating new book. . . . Haskell and Westlake provide a combination of commonsense and ingenious solutions. . . . An important book that deserves to be widely debated.---Adrian Wooldridge, Bloomberg Opinion

 The insights of Haskel and Westlake on how institutions currently inhibit an economy dominated by intangibles are valuable.---Nick Peterson, Financial Times and see also Tim Harford.

 Thought-provoking---Barry Eichengreen, Foreign Affairs

 A compelling new book.---Daniel Finkelstein, Times

Associated articles

Reviews: FT, Tim Harford, FT, 


Capital Isn’t, University of Chicago.  New books network.  The Productivity Institute.

Haskel, J and Westlake, S, (2017), Capitalism without Capital: the Rise of the Intangible Economy.  Princeton University Press, Publication date: 6th December 2017. University Press site.  First chapter. Comments and partial summaries by Tyler Cowan, Marginal Revolution, on intangibles and profits here and venture capital here.  Summary of intangibles, inequality and superstar firms in Harvard Business Review here.

2min 40sec video summary.


The National, Scotland.


City AM.

ThenDoBetter blogpost.

Harvard Business Review - 5 Oct 2017  The Real Reason Superstar Firms Are Pulling Ahead

Ehsan MasoodNature, 15th November 2017

Martin Wolf in FT, 29th November 2017

Daniel Finkelstein in The Times, 29th November 2017

Financial Times - 1 Dec 2017 Best books of 2017: Economics

2nd December 2017. Tyler Cowan, Marginal Revolution, Best non-fiction books of 2017,

John Harris, the Guardian, 8th December 2017

The Economist, 7th December 2017,Books of the Year 2017

15 Dec 2017. The Economist’s arts and books pages:|e

The National Review, 2017 Books of the Year

Huffington Post - 19 Dec 2017, The Tangible Impact of Intangible Investments

19 Dec 2017, The Economist, Buttonwood column Intangible assets are changing investment -

The Guardian , leader comment on ideas for 2018: 26 Dec 2017 The Guardian view on capitalism without capital

31st December 2017, The Sunday Times

9 January 2018 Princeton University Press Blog

Events and Videos

9 Nov 2017.  Institute for Government, London. VideoSoundcloud.
23 Nov 2017: Royal Society of Arts, LondonVideo.
28 Nov 2017. Official launch of book: Imperial College London. 1830 London time.   Prelaunch: 2min 40sec video summary.  Facebook livestream of event

14 Dec 2017.  The Future of Innovation Policy, at NESTA with Lord David Willetts.  Pictures.

18 Dec 2017. Imperial college student union business podcast: on YouTube here: and on iTunes as Episode number 7 here:

11 Dec 2017. Start the week on Radio 4,  BBC iplayer and the interview starts at 11: 12:

29 Jan 2018.  Georgetown University, Washington DC.

1 Feb 2018. Google, California.

17 Mar 2018.  Jewish book week, here


Repec page Papers 

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Recent talks and seminars

RES/ONS/RSS meeting, “Challenges for Economic Statistics in the Digital Age”, Wednesday 05 July 2017, 3:00pm - 6:00pm, slides.

Talk to Imperial college Students, 6th Sept 2017, "Capitalism without Capital". Slides. YouTube video of talk, starts 2:40.10.  

Papers in progress

July 2022. Preliminary working paper on economic inactivity and long-term sickness, with Josh Martin: Haskel Martin sickness inactivity v2

February 2023.  Link to Brexit counterfactual investment spreadsheet.   

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My blog

My twitter account

Link to Google Scholar

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Full contact details

Prof. Jonathan Haskel
Imperial College Business School, Room 296
South Kensington Campus,
London SW7 2AZ
T:  44-20 7594 8563
T: 44-20 7594 1916 (Administrator)
F:  44-20 7594 5915

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Other Info

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Goodridge P, Haskel J, Edquist H, 2022, We see data everywhere except in the productivity statistics, Review of Income and Wealth, Vol:68, ISSN:0034-6586, Pages:862-894

Corrado C, Haskel J, Jona-Lasinio C, et al., 2022, Intangible capital and modern economies, Journal of Economic Perspectives, Vol:36, ISSN:0895-3309, Pages:3-28


Haskel J, Westlake S, 2022, Restarting the Future How to Fix the Intangible Economy, Princeton University Press, ISBN:9780691236025

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