Lord Eatwell is President of Queens' College, Cambridge, and is Professor of Financial Policy at the University of Cambridge. He has been a Professor in the Graduate Faculty of the New School for Social Research in New York and a visiting Professor at Columbia University and the Universities of Massachusetts, Amsterdam and Amherst. He was Economic Advisor to Neil Kinnock during his leadership of the British Labour Party, and was responsible for much of the work that led to a substantial re-alignment of the Labour Party's economic policies in the late 1980s. After being made a life peer in 1992, he served as Principal Opposition Spokesman on Treasury and Economic Affairs in the House of Lords. He was a member of the Board of the Securities and Futures Authority, a member of the Regulatory Decisions Committee of the Financial Services Authority, served on the Board of Directors of the Royal Opera House, and previously been Chairman of the British Library. He is currently on the Board of Trustees for the Institute for Public Policy Research, one of Britain's leading policy think-tanks of which he is a founder member. He was educated at Cambridge and Harvard Universities.