Diane Coyle

Last updated

Dame
Diane Coyle
Diane Coyle gets OBE-27Feb2009.jpg
Coyle after receiving her OBE insignia in the 2009 New Year Honours list
BornFebruary 1961 (age 63)
Alma mater
Occupation(s)Economist, academic and writer
Spouse Rory Cellan-Jones
Children2

Dame Diane Coyle DBE FAcSS (born February 1961) is a British economist. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute. [2]

Contents

Coyle's early career as an economist was followed by a period in journalism including being economics editor at The Independent from 1993 to 2001. She was professor of economics at University of Manchester from 2014 to 2018. She was vice-chair of the BBC Trust from 2011 to 2016 and a member of the UK Competition Commission from 2001 until 2009.

Coyle has written nine books on economics.

Early life

Coyle was born in Bury, Lancashire, [3] [4] and attended Bury Grammar School for Girls. [4] She did her undergraduate studies at Brasenose College, Oxford, reading philosophy, politics, and economics, before gaining an MA and a PhD in Economics from Harvard University, graduating in 1985, [5] her thesis was titled The dynamic behaviour of employment (wages, contracts, productivity, business cycle). [6] [7]

Career

Coyle in 2009 Diane Coyle at work with Apple laptop-9Oct2009.jpg
Coyle in 2009

Coyle was an economist at the UK Treasury from 1985 to 1986, and later became the European Editor of Investors Chronicle between 1993 and 2001 and economics editor of The Independent .

She has written a series of books focused on educating people about different aspects of economics. She has said that her first book, The Weightless World (1997), was a contribution to the creation of a radical centre. [8] Another book explores concepts of "enoughness" and sustainability. [9]

Coyle was also a member of the UK's Competition Commission from 2001 to 2009, [2] [10] a member of the Royal Economic Society, previously a member of the UK Border Agency's Migration Advisory Committee [5] [11] from 2009 to 2014, [2] and a fellow of the Royal Society of Arts.

Coyle was previously a presenter on BBC Radio 4 [3] and was a member of the BBC Trust from November 2006 until April 2015. [12] [13] [14] On 7 April 2011 the Queen approved Coyle's appointment as the Vice-Chairman of the BBC Trust, the governing body of the British Broadcasting Corporation. [15] She also has been contributing regularly to Project Syndicate since 2017.

Coyle has praised the news coverage of the BBC, saying "I've always valued the BBC, not least as the best provider of news coverage in the world. Its impartiality and comprehensive coverage underpin its vital civic role." [16] However, in 2009 she was critical of the BBC's programming, stating "Viewers are becoming increasingly cynical and disappointed by the programmes offered by the BBC and the UK's other main TV channels." "Among the negative comments there are complaints about a lack of variety, too much soap or costume drama…disappointment about old series being brought back and a degree of cynicism over 'rehashing' and ripping off old ideas". [17]

She was a professor of economics at the University of Manchester from 2014 to 2018. [18]

Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute. [2] Coyle was critical of the economics profession in 2021 due to its lack of diversity, and she is critical of universal basic income as an idea. [19]

Coyle is managing director of Enlightenment Economics, [20] an economic consultancy to large corporate clients and international organisations, specialising in new technologies and globalisation. She was employed by EDF Energy on its stakeholder advisory panel. [21]

Following her Indigo Prize-winning essay on radically replacing GDP measurements, Coyle now leads the Six Capitals research project, funded by LetterOne, at the Bennett Institute for Public Policy at Cambridge University; the project was inaugurated in January 2019 and explores social and natural capital. [22] [23] [24] At the 2018 New Year Honours, Coyle received the award of Commander of the Most Excellent Order of the British Empire (CBE) for her contributions to economics. [25]

Personal life

Diane Coyle with her husband Rory Cellan-Jones at Southerndown in May 2006 Diane and Rory Cellan-Jones.jpg
Diane Coyle with her husband Rory Cellan-Jones at Southerndown in May 2006

She is married to the former BBC News' Technology Correspondent Rory Cellan-Jones. The couple have two sons and live in West Ealing, London. [26] [27]

Honours

Coyle was appointed Officer of the Order of the British Empire (OBE) in the 2009 New Year Honours for services to economics. [28] [29]

She was recognised as one of the BBC's 100 women of 2013. [30]

In 2016, Coyle was elected a Fellow of the Academy of Social Sciences (FAcSS). [31]

In 2017, Coyle and Benjamin Mitra-Kahn won the inaugural Indigo Prize, along with co-winner economics professor Jonathan Haskel, for submitting the best hypothetical plans to overhaul GDP as an economic measurement as economies move more into the digital and information age. [32] [33]

Coyle was appointed Commander of the Order of the British Empire (CBE) in the 2018 New Year Honours for services to economics and the public understanding of economics [34] and Dame Commander of the Order of the British Empire (DBE) in the 2023 Birthday Honours for services to economics. [35]

Published works

Related Research Articles

<span class="mw-page-title-main">Gross domestic product</span> Market value of goods and services produced within a country

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Definitions of GDP are maintained by several national and international economic organizations, such as the OECD and the International Monetary Fund.

<span class="mw-page-title-main">George Akerlof</span> American economist (born 1940)

George Arthur Akerlof is an American economist and a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley. Akerlof was awarded the 2001 Nobel Memorial Prize in Economic Sciences, jointly with Michael Spence and Joseph Stiglitz, "for their analyses of markets with asymmetric information." He is the husband of United States Secretary of the Treasury Janet Yellen.

<span class="mw-page-title-main">Mervyn King, Baron King of Lothbury</span> British economist (born 1948)

Mervyn Allister King, Baron King of Lothbury is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013. He is a School Professor of Economics at the London School of Economics. He is also the Chairman of the Philharmonia.

<span class="mw-page-title-main">Bruno Frey</span> Swiss economist

Bruno S. Frey is a Swiss economist and visiting professor for Political Economy at the University of Basel. Frey's research topics include Political economy and Happiness economics, with his published work including concepts derived from Psychology, Sociology, Jurisprudence, History, Arts, and Theology.

<span class="mw-page-title-main">Dani Rodrik</span> Turkish economist

Dani Rodrik is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. He was formerly the Albert O. Hirschman Professor of the Social Sciences at the Institute for Advanced Study in Princeton, New Jersey. He has published widely in the areas of international economics, economic development, and political economy. The question of what constitutes good economic policy and why some governments are more successful than others at adopting it is at the center of his research. His works include Economics Rules: The Rights and Wrongs of the Dismal Science and The Globalization Paradox: Democracy and the Future of the World Economy. He is also joint editor-in-chief of the academic journal Global Policy.

<span class="mw-page-title-main">Saskia Sassen</span> Dutch-American sociologist (born 1947)

Saskia Sassen is a Dutch-American sociologist noted for her analyses of globalization and international human migration. She is a professor of sociology at Columbia University in New York City, and the London School of Economics. The term global city was coined and popularized by Sassen in her 1991 work, The Global City: New York, London, Tokyo.

<span class="mw-page-title-main">Angus Deaton</span> British-American economist (born 1945)

Sir Angus Stewart Deaton is a British-American economist and academic. Deaton is currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department at Princeton University. His research focuses primarily on poverty, inequality, health, wellbeing, and economic development.

<span class="mw-page-title-main">Tim Harford</span> British economist and journalist

Timothy Douglas Harford is an English economic journalist who lives in Oxford. Harford is the author of four economics books and writes his long-running Financial Times column, The Undercover Economist, syndicated in Slate magazine, which explores the economic ideas behind everyday experiences. His column in the Financial Times, Since You Asked, ran between 2011 and 2014 and offered a sceptical look at the news of the week.

<span class="mw-page-title-main">Oliver Hart (economist)</span> American economist

Sir Oliver Simon D'Arcy Hart is a British-born American economist, currently the Lewis P. and Linda L. Geyser University Professor at Harvard University. Together with Bengt R. Holmström, he received the Nobel Memorial Prize in Economic Sciences in 2016.

<span class="mw-page-title-main">Susan Strange</span> British international relations and political theorist

Susan Strange was a British political economist, author, and journalist who was "almost single-handedly responsible for creating international political economy." Notable publications include Sterling and British Policy (1971), Casino Capitalism (1986), States and Markets (1988), The Retreat of the State (1996), and Mad Money (1998).

<span class="mw-page-title-main">Elinor Ostrom</span> American political economist (1933–2012)

Elinor Claire "Lin" Ostrom was an American political scientist and political economist whose work was associated with New Institutional Economics and the resurgence of political economy. In 2009, she was awarded the Nobel Memorial Prize in Economic Sciences for her "analysis of economic governance, especially the commons", which she shared with Oliver E. Williamson; she was the first woman to win the prize.

<span class="mw-page-title-main">Alan Krueger</span> American economist (1960–2019)

Alan Bennett Krueger was an American economist who was the James Madison Professor of Political Economy at Princeton University and Research Associate at the National Bureau of Economic Research. He served as Assistant Secretary of the Treasury for Economic Policy, nominated by President Barack Obama, from May 2009 to October 2010, when he returned to Princeton. He was nominated in 2011 by Obama as chair of the White House Council of Economic Advisers, and served in that office from November 2011 to August 2013.

<span class="mw-page-title-main">National Institute of Economic and Social Research</span> Independent economic research institute in Britain

The National Institute of Economic and Social Research (NIESR), established in 1938, is Britain's oldest independent economic research institute. The institute is a London-based independent UK registered charity that carries out academic research of relevance to business and policy makers, both nationally and internationally.

<span class="mw-page-title-main">Tim Besley</span> British academic economist

Sir Timothy John Besley, is a British academic economist who is the School Professor of Economics and Political Science and Sir W. Arthur Lewis Professor of Development Economics at the London School of Economics (LSE).

<span class="mw-page-title-main">Claudia Goldin</span> American economist

Claudia Dale Goldin is an American economic historian and labor economist. She is the Henry Lee Professor of Economics at Harvard University. In October 2023, she was awarded the Nobel Memorial Prize in Economic Sciences "for having advanced our understanding of women's labor market outcomes”. The third woman to win the award, she was the first woman to win the award solo.

<span class="mw-page-title-main">Esther Duflo</span> French-American economist (born 1972)

Esther Duflo, FBA is a French-American economist currently serving as the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology (MIT). In 2019, she was jointly awarded the Nobel Memorial Prize in Economic Sciences alongside Abhijit Banerjee and Michael Kremer "for their experimental approach to alleviating global poverty".

<span class="mw-page-title-main">Mariana Mazzucato</span> Italian-American economist and professor (born 1968)

Mariana Francesca Mazzucato is an Italian–American-British economist and academic. She is a professor in the Economics of Innovation and Public Value at University College London (UCL) and founding director of the UCL Institute for Innovation and Public Purpose (IIPP). She is best known for her work on dynamics of technological change, the role of the public sector in innovation, and the concept of value in economics. The New Republic have called her one of the "most important thinkers about innovation".

Brigitte Evelyne Granville is an economist with dual French and British nationality. She is Professor of International Economics and Economic Policy in the School of Business and Management at Queen Mary University of London. She founded the Centre for Globalisation Research (CGR).

Kevin Hjortshøj O'Rourke, is an Irish economist and historian, who specialises in economic history and international economics. Since 2019, he has been Professor of Economics at New York University Abu Dhabi. He was Professor of Economics at Trinity College, Dublin from 2000 to 2011, and had previously taught at Columbia University and University College, Dublin. From 2011 to 2019, he was Chichele Professor of Economic History at the University of Oxford and a Fellow of All Souls College, Oxford.

The Indigo Era is a concept publicized by businessman Mikhail Fridman, describing what he views as an emerging new era of economies and economics based on ideas, innovation, and creativity, replacing those based on the possession of natural resources. Fridman is the co-founder of LetterOne, an international investment business, and first publicized the idea in early 2016. The word "indigo" was initially chosen based on the term indigo children, which has been used to describe people with unusual and innovative abilities.

References

  1. "Diane Coyle". Start the Week. 21 May 2012. BBC Radio 4 . Retrieved 18 January 2014.
  2. 1 2 3 4 "Professor Diane Coyle: Inaugural Bennett Professor of Public Policy". Bennett Institute for Public Policy, Cambridge. Retrieved 21 October 2019.
  3. 1 2 "Ms Diane Coyle, OBE Authorised Biography | Debrett's People of Today". Debretts.com. Archived from the original on 21 January 2013. Retrieved 9 August 2014.
  4. 1 2 "Sex And Economics: An Interview With Cyber-Economist Diane Coyle". 3ammagazine.com. Retrieved 9 August 2014.
  5. 1 2 "UK Border Agency | Committee members' biographies". Ukba.homeoffice.gov.uk. Retrieved 9 August 2014.
  6. Coyle, Diane. The dynamic behaviour of employment (wages, contracts, productivity, business cycle) (Ph.D). Harvard University. Retrieved 21 January 2014 via ProQuest.
  7. "The dynamic behaviour of employment / by Diane Coyle". Harvard University Library HOLLIS. Retrieved 21 January 2014.
  8. Coyle, Diane (1997). The Weightless World: Strategies for Managing the Digital Economy. Massachusetts Institute of Technology Press, p. xx. ISBN   978-0-262-03259-9.
  9. Coyle, Diane (2011). The Economics of Enough: How to Run the Economy As If the Future Matters. Princeton University Press. ISBN   978-0-691-14518-1.
  10. "Meet the presenters". BBC News. 17 December 2002.
  11. "2011–2012 – School of Politics, Economics and Philosophy, The University of York". Archived from the original on 20 January 2012. Retrieved 25 June 2023.
  12. "BBC Trust - About the Trust - the Trustees". www.bbc.co.uk. Archived from the original on 22 September 2009.
  13. "Diane Coyle to leave BBC Trust". Broadcast Magazine. 6 January 2015. Retrieved 12 December 2016.
  14. Hutson, Graham; Siret, Mal (6 November 2002). "Diane Coyle". The Times. London. Archived from the original on 25 February 2007. Retrieved 1 May 2010.
  15. "New Chairman and Vice Chairman appointed to the BBC'". Prime Minister's Office. 7 April 2011. Retrieved 7 July 2011.
  16. "BBC Trust – The Trustees – Diane Coyle, Vice Chairman" . Retrieved 25 June 2023.
  17. Khan, Urmee (5 January 2010). "BBC is leaving viewers 'cynical and disappointed'". The Daily Telegraph. London.
  18. "Diane Coyle (0000-0001-7243-1641)".
  19. "Diane Coyle: Innovation, intangibles, inequality, sustainability and measuring beyond GDP | podcast". 31 August 2021.
  20. "Enlightenment Economics". Enlightenment Economics. Retrieved 9 August 2014.
  21. "John Hutton, champion of nuclear power, set to join EDF as adviser – Times Online". Archived from the original on 30 May 2010. Retrieved 9 August 2014.
  22. "Beyond GDP – Cambridge research project explores new measures for the 21st century economy". Bennett Institute for Public Policy, Cambridge University. 8 January 2019.
  23. [https://www.bennettinstitute.cam.ac.uk/research/research-projects/wealth-economy-social-and-natural-capital/ "The Wealth
  24. Economy: social and natural capital"]. Bennett Institute for Public Policy, Cambridge University. Retrieved February 12, 2020.
  25. Administrator. “Professor Diane Coyle.” Professor Diane Coyle | Department of Politics and International Studies (POLIS), 5 Mar. 2018, www.polis.cam.ac.uk/Staff_and_Students/professor-diane-coyle.
  26. Coyle, Diane (19 February 1996). "Netsurfing is child's play". The Independent. London.
  27. "Ealing residents scoop New Year's Honours". Ealing Gazette. Retrieved 9 August 2014.
  28. "No. 58929". The London Gazette (Supplement). 31 December 2008. p. 9.
  29. "New Year Honours List". London: The Telegraph. 31 December 2008. Retrieved 31 December 2008.
  30. "100 Women: Who took part?". BBC News. 20 October 2013. Retrieved 18 December 2022.
  31. "Eighty-four leading social scientists conferred as Fellows of the Academy of Social Sciences". Academy of Social Sciences. 19 October 2016. Archived from the original on 6 June 2019. Retrieved 5 August 2017.
  32. "Indigo Prize Winners 2017". Global Perspectives. Retrieved 25 October 2017.
  33. "2018 New Year Honours List". www.gov.uk.
  34. "No. 64082". The London Gazette (Supplement). 17 June 2023. p. B8.
Media offices
Preceded by Acting Chair of the BBC Trust
6 May 2014 – 8 October 2014
Succeeded by