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Department of Political Economy

Founded in 2010 it is the only dedicated Department of Political Economy in the United Kingdom.

Situated in the School of Politics and Economics, the department’s teaching and research recognises that the disciplines of Politics and Economics are inextricably linked. It is not possible to properly understand political processes without exploring the economic context in which politics operates. Similarly, sound economic analysis requires an awareness of how resource allocation is conditioned by political institutions, historical context and ethical values, and the way these have been understood by different traditions in social thought.

In a world characterised by financial uncertainity, ecological insecurity and value conflict, the links between political and economic processes are ever more apparent and the need for a multifaceted appreciation of how they operate, has never been greater.

The department’s degree programmes at both undergraduate and postgraduate level are informed by this vision. Students receive rigorous training in their respective discipline while having the opportunity to draw on insights from world class faculty working across the rich interdisciplinary space of political economy.

Our Patron

We would also like to take this opportunity to express our gratitude to our ever-supportive patron, Alderman Tim Hailes.

Alderman Tim Hailes

Alderman Hailes is a Managing Director & Associate General Counsel in the Legal Department of JPMorgan Chase & Company based in London. Prior to joining JPMorgan in 1999 he was a Solicitor in private practice for 7 years specialising in derivatives, structured products and financial markets law.

He graduated from Kings College London with a BA (Hons) degree in History in 1990.He is a Jelf medalist (1990) and served as a member of College Council and a sabbatical officer in KCLSU from 1988-89. Whilst at university he served in a political capacity to two members of Margaret Thatcher’s Cabinet. After graduating he undertook postgraduate legal study at UWE, Bristol.

Alderman Hailes has acted as a technical expert to the UK FCA and has represented the financial services industry in front of numerous regulatory authorities including IOSCO, the EC, the Chinese BRC, the HKMA, MAS and Australian SIC.

He was appointed to the magistracy by the Lord Chancellor in March 2013 prior to his election to the office of Alderman for the Ward of Bassishaw in The City of London, in the following May. In addition to being the Alderman for the Ward of Bassishaw in The City of London,Mr. Hailes is also a liveryman of the Worshipful Company of Solicitors, a freeman of the Worshipful Company of International Bankers, a magistrate (Justice of the Peace) on the Central London bench and a member of The Royal Institute of International Affairs (Chatham House).

He is a long standing supporter of Stonewall and The Human Dignity Trust. He is a Life Governor of the RNLI.

He has been awarded:

UK In House Finance Lawyer of the Year 2014, The Legal 500.

Regulatory (Financial Services) Lawyer of the Year 2017, European Counsel Awards.

This website is made possible by the KCLSU Development Fund

We heartily thank KCLSU Development Fund for extending us funding to develop this website which enables us to share the activities of the Think Tank effectively to a larger audience.