Professor in Banking and Finance. Richard holds a First Class Honours in Economics from the London School of Economics and a Doctorate in Economics from the University of Oxford. He is a founding chair of Local First, a community interest company establishing non-profit community banks in the UK, and in 2008, he founded and has been Director of the Centre for Banking, Finance and Sustainable Development. His book Princes of the Yen was a No. 1 bestseller in Japan and is one of the best sources for people who want to understand central banking.