Jan Toporowski is a Visiting Professor of Economics in the Department of International Development at King's.

Jan recently retired from the position of Professor of Economics and Finance at SOAS University of London. His research is concentrated on monetary theory and policy, finance, macroeconomics and development economics. He is literary executor to the economist Michał Kalecki (1899-1970). He is a member of the Council of the Progressive Economy Forum.

Jan has published two volumes of biography of Michał Kalecki and over 350 books, articles and papers on economics and finance. Before becoming an academic he worked in fund management and international banking. He has been a consultant for the United Nations Development Programme, the United Nations Conference on Trade and Development, the UN Economic Commission for Africa and the Economist Intelligence Unit.

Jan has held visiting positions at the University of Cambridge and the Bank of Finland. He has taught at Meiji University, Tokyo, the University of Bergamo, Italy, and International University College in Turin

Jan studied economics at Birkbeck College, University of London, and the University of Birmingham, UK.

Research

• Monetary economics
• Finance
• Michal Kalecki

Jan researches on the economics of Michał Kalecki and Oskar Lange, contrasting the neo-classical work of the latter, and the key role of Kalecki in the emergence of Post-Keynesian economics. Following the death of Jerzy Osiatyński in 2022, Jan was appointed literary executor to the Estate of Michał Kalecki.

Following his earlier work in banking and finance, Jan has contributed research in financial economics and the impact of monetary policy on capital markets and corporate finance and its place in the monetary transmission mechanism. He has put forward an original ‘capital market inflation’ view of the operations of capital markets. The application of this theory to developing countries through credit cycles in emerging markets and green finance, features in his most recent work. Since 2005 Jan has convened the Money and Development Research Seminars, initially at SOAS, and now at King’s College.

PhD supervision

Jan has supervised 13 students working on topics of banking and finance, monetary economics and corporate finance.

Expertise and public engagement

• UK fiscal and monetary policy
• Banking and finance in the UK
• International debt and the international monetary system
• Credit cycles in emerging markets

Jan is a Council member of the Progressive Economy Forum