Professor Yamey is an Emeritus Professor of Economics at the London School of Economics.

He is an honorary fellow at the Institute of Economic Affairs, one of the UK’s most prominent independent think tanks, and a Fellow of the British Academy. He was previously a member of the UK’s Monopolies and Mergers Commission (now the Competition Commission).

Professor Yamey has decades of experience as an applied economist. He has published many articles on the topics of industrial organization, monopoly and competition, less developed countries, and futures trading. As author or coauthor, his books include The Economics of Resale Price Maintenance; The Restrictive Practices Court: the Judicial Process and Economic Policy; and Markets, Market Control, and Market Reform. He is also well known for his research on the history of accounting, including his rejection of the widely-held view that double-entry bookkeeping was significant in the development of modern capitalism.