Richard has been at the University of Southampton since 2004. He is Director of International Development and founding Director of the Centre for Banking, Finance and Sustainable Development. Richard is also a member of the Southampton Management School's Executive Board, as well as its Advisory Board.
He is Chair of Local First CIC, a community interest company supporting the creation of German-style not-for-profit community banks in the UK, and author of several books, including New Paradigm in Macroeconomics, which correctly predicted the collapse of the UK banking system and property market, highlighted the problem of 'recurring banking crises' and suggested workable solutions. His book 'Princes of the Yen' became a no. 1 bestseller in Japan.