John Sutton is the Sir John Hicks Professor of Economics at the London School of Economics. He has been a Visiting Associate Professor at Tokyo University, a Marvin Bower Fellow at the Harvard Business School, and a Visiting Professor of Economics at Harvard University, and at the Graduate School of Business, University of Chicago. His books include Sunk Costs and Market Structure (MIT Press, 1981), Technology and Market Structure (MIT Press, 1998), Marshall's Tendencies: What Can Economists Know? (MIT and Leuven University Press, 2000) and Competing in Capabilities: The Globalization Process (Oxford University Press, 2012). He has been a consultant for the World Bank since 2000, and served on the Advisory Committee on Access to the Japanese Market (Tokyo) from 1995 to 2002. He served as a member of the Group of Economic Advisors to the President of the European Union from 2001-2004, and of the Enterprise Strategy Group (Ireland), which reported in 2004.  He is a Fellow of the Econometric Society, and of the British Academy, and was  President of the Royal Economic Society from 2004 to 2007.