Jonathan Portes
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Jonathan Daniel Portes (born 18 April 1966) is a professor of Economics and Public Policy at the School of Politics & Economics of
King's College, London King's College London (informally King's or KCL) is a public university, public research university in London, England. King's was established by royal charter in 1829 under the patronage of George IV of the United Kingdom, King George IV ...
and a senior fellow at UK in a Changing Europe.


Early life and education

Portes was born in
Oxford Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuou ...
and grew up in London, the son of
Richard Portes Richard David Portes CBE is a professor of Economics and an Academic Director of the AQR Asset Management Institute at London Business School. He was President of the Centre for Economic Policy Research, which he founded. He also serves as Direc ...
, a
Rhodes Scholar The Rhodes Scholarship is an international Postgraduate education, postgraduate award for students to study at the University of Oxford in Oxford, United Kingdom. The scholarship is open to people from all backgrounds around the world. Esta ...
from
Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
. He earned a degree in mathematics from
Balliol College, Oxford Balliol College () is a constituent college of the University of Oxford. Founded in 1263 by nobleman John I de Balliol, it has a claim to be the oldest college in Oxford and the English-speaking world. With a governing body of a master and aro ...
, and a master's degree in Public Affairs (Economics and Public Policy) at
Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...
. Jonathan is
Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...


Career

After joining
HM Treasury His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax ...
in 1987, he held increasingly senior positions in the civil service, rising to be the chief economist at the
Department for Work and Pensions The Department for Work and Pensions (DWP) is a Departments of the Government of the United Kingdom, ministerial department of the Government of the United Kingdom. It is responsible for welfare spending, welfare, pensions and child maintenance ...
and then the chief economist at the
Cabinet Office The Cabinet Office is a Departments of the Government of the United Kingdom, ministerial department of the Government of the United Kingdom. It is responsible for supporting the Prime Minister of the United Kingdom, prime minister and Cabinet ...
under
Gordon Brown James Gordon Brown (born 20 February 1951) is a British politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. Previously, he was Chancellor of the Ex ...
. He left the civil service in 2011, after the Labour Party lost power to the Conservative-Liberal Democrat coalition government. Portes was appointed as the director of the
National Institute of Economic and Social Research 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 researc ...
in February 2011. In October 2015, it was announced that Portes would step down as Director of NIESR before the end of that year, following a management review at the organisation. His areas of interest include
fiscal policy In economics and political science, fiscal policy is the use of government revenue collection ( taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variab ...
, labour markets and immigration. He has a particular interest in the economic effects of
Brexit Brexit (, a portmanteau of "Britain" and "Exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU). Brexit officially took place at 23:00 GMT on 31 January 2020 (00:00 1 February ...
, and was a prominent critic of the '
austerity In economic policy, austerity is a set of Political economy, political-economic policies that aim to reduce government budget deficits through Government spending, spending cuts, tax increases, or a combination of both. There are three prim ...
' policies advocated by
George Osborne George Gideon Oliver Osborne (born 23 May 1971) is a British retired politician and newspaper editor who served as Chancellor of the Exchequer from 2010 to 2016 and as First Secretary of State from 2015 to 2016 in the Cameron government. A ...
, the former
Chancellor of the Exchequer The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, t ...
; Portes has described the Coalition's
Incapacity Benefit Incapacity Benefit was a British social security benefit that was paid to people facing extra barriers to work because of their long-term illness or their disability. It replaced Invalidity Benefit in 1995. The government began to phase out Inc ...
reassessment programme — a major
Whitehall Whitehall is a road and area in the City of Westminster, Central London, England. The road forms the first part of the A roads in Zone 3 of the Great Britain numbering scheme, A3212 road from Trafalgar Square to Chelsea, London, Chelsea. It ...
project that was supposed to cut welfare spending by up to seven billion pounds a year — as "the biggest single social policy failure of the last fifteen years". He analysed the government's welfare reforms for
BBC Radio 4 BBC Radio 4 is a British national radio station owned and operated by the BBC. The station replaced the BBC Home Service on 30 September 1967 and broadcasts a wide variety of spoken-word programmes from the BBC's headquarters at Broadcasti ...
in 2014. Portes is a council member of the
Royal Economic Society The Royal Economic Society (RES) is a professional association and learned society that promotes the study of economics. Originally established in 1890 as the British Economic Association, it was incorporated by royal charter on 2 December 1902. ...
, a trustee of the charity Coram, a senior fellow at the UK in a Changing Europe. He was elected a
Fellow of the Academy of Social Sciences The Fellowship of the Academy of Social Sciences (FAcSS) is an award granted by the Academy of Social Sciences to leading academics, policy-makers, and practitioners of the social sciences. Fellows were previously known as Academicians and used t ...
in 2018.


Views

Portes has said that British government policy since 2010 has disproportionately harmed the poor. In 2018, he said "There were a lot of choices, and the government chose to balance the budget on the backs of the poorest." In 2023, Portes lost a bet made in 2018 with Christopher Snowdon, in which Portes had incorrectly predicted that
relative Relative may refer to: General use *Kinship and family, the principle binding the most basic social units of society. If two people are connected by circumstances of birth, they are said to be ''relatives''. Philosophy *Relativism, the concept t ...
child poverty Child poverty refers to the state of children living in poverty and applies to children from poor families and orphans being raised with limited or no state resources. UNICEF estimates that 356 million children live in extreme poverty. It is esti ...
would rise to unprecedented levels.


References


External links


Staff page at NIESRJonathan Portes' Curriculum Vitae
held at NIESR.
''Guardian'' profile''London Review of Books'' profile''Independent'' profileCommentary pieces written for the UK in a Changing Europe
{{DEFAULTSORT:Portes, Jonathan 1966 births Living people British Jews Academics from London Alumni of Balliol College, Oxford Princeton University alumni British economists English people of American-Jewish descent 21st-century American economists New Labour People from Oxford Labour Party (UK) people Fellows of the Academy of Social Sciences