Thumbnail for Cameron Hepburn at Oxford Energy Event

Cameron Hepburn at Oxford Energy Event

13 Jun 2014

Economics of Sustainability director, Prof Cameron Hepburn, has recently spoken at an Oxford Energy event held under Chatham House rule at the House of Lords with senior people from government and business. He has also joined a panel discussing the role of the state in the energy markets. The Conference brought together high profile alumni from the energy sector, invited friends of Oxford Energy and senior researchers from the University. It addressed transformative technology, market, and policy changes to the global ...

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Thumbnail for Rt. Hon. Liam Byrne Speaks on Inclusive Growth

Rt. Hon. Liam Byrne Speaks on Inclusive Growth

09 Jun 2014

The Rt. Hon. Liam Byrne, MP spoke on June 5th at an Oxford Martin School/INET Oxford lecture.  Mr. Byrne is the MP for Birmingham Hodge Hill and is the Shadow Minister for Universities, Science and Skills.  Byrne has a background in business prior to entering politics and served in the Home Office and HM Treasury in the previous Labour Government. In his speech, Mr. Byrne noted on the hundredth anniversary of the Great War that it is important to recall the alliance between business and government that helped win t...

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Thumbnail for Lifetime Achievement Award for Prof. Sir David Hendry

Lifetime Achievement Award for Prof. Sir David Hendry

09 Jun 2014

One of the world's leading economists, INET Oxford's Prof. Sir David Hendry received a unique award from the Economic and Social Research Council (ESRC) At a ceremony June 6th he was given the Celebrating Impact Lifetime Achievement Award. Sir David is Professor of Economics at the University of Oxford and Director of the Programme in Economic Modelling in the Institute for New Economic Thinking at the Oxford Martin School (INET Oxford). Professor Paul Boyle, Chief Executive of the ESRC, said: 'This is o...

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OECD Discusses "Capitalism Re-Defined"

20 May 2014

The Organisation for Economic Cooperation and Development (OECD) has been a leader in developing new ways to measure the economy that go beyond GDP and other traditional metrics.  In particular they have been integrating ideas from research on inequality, green growth, and their Better Life Index to develop new ways of thinking about inclusive growth   In that context they invited INET Executive Director Eric Beinhocker to give a talk to OECD staff on his recent article with Nick Hanauer in Democr...

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Thumbnail for Financial Times:  We Need a New Economics Curriculum

Financial Times: We Need a New Economics Curriculum

19 May 2014

INET Oxford Executive Director Eric Beinhocker and Prof. Wendy Carlin, head of the INET CORE curriculum effort are both mentioned in a Financial Times piece on the need for change in the teaching of economics.   Link to the story:  http://www.ft.com/cms/s/0/dfd84240-dcd5-11e3-ba13-00144feabdc0.html?siteedition=uk#axzz3268gVrly

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Tony Atkinson letter to Guardian re Piketty

09 May 2014

Prof. Sir Tony Atkinson of INET Oxford's Economic Modelling (EMoD) group and Nuffield College published a letter in the Guardian today noting the important role that INET and EMoD played in supporting the development of the datasets that were used in Thomas Piketty's bestselling book Capital in the 21st Century.  He notes "Without their support over the years for what was then an unfashionable area of economic research, and the encouragement it gave promising young scholars, the current debate would...

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Thumbnail for Eurozone sovereign bond spreads - will the good news continue?

Eurozone sovereign bond spreads - will the good news continue?

09 May 2014

Prof. John Muellbauer of INET Oxford's Economic Modelling (EMoD) group recently completed a Wim Duisenberg Fellowship at the European Central Bank.  During his stay at the ECB Muellbauer conducted a study of Eurozone sovereign bond spreads.  In the study he modelled the fundamental factors driving sovereign bond spreads between a number of Eurozone countries versus Germany, and then analysed what the actual spreads have been versus the estimated fundamental spreads.  He found that during the height of the crisis ...

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The mainstream economics curriculum needs an overhaul

07 May 2014

Diane Coyle, Managing Director of Enlightenment Economics discusses Wendy Carlin's INET curriculum initiative and outlines themes for curriculum reform.  See her Vox EU posting:  http://www.voxeu.org/article/mainstream-economics-curriculum-needs-overhaul

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EC launches consultation on global systems science research

07 May 2014

The European Commission (EC) has been an important funder of complexity economics, network science and other global systems science (GSS) research in economics and public policy.  The EC's Future and Emerging Technologies (FET) programme has launched an online consultation http://europa.eu/rapid/press-release_MEMO-14-328_en.htm to understand what the game-changing technologies of the next decades will be. The consultation targets scientists, researchers, innovators, entrepreneurs and members of civil society...

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Thumbnail for U.S. Senate discusses “middle-out” economics

U.S. Senate discusses “middle-out” economics

29 Apr 2014

INET Oxford’s Executive Director Eric Beinhocker was recently in Washington DC where he and Seattle based technology entrepreneur and venture capitalist Nick Hanauer spoke at a meeting of the Senate Democratic Steering Committee, chaired by Sen. Mark Begich and included Senate Majority Leader Harry Reid and a number of other senior senators. The subject of the meeting was the state of America’s middle class.  Beinhocker and Hanauer discussed the stagnation of middle class incomes, the loss in middle class sa...

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How to prevent the next housing bubble

29 Apr 2014

The causes of the 2008 financial crisis were complex and global. But the most proximate cause was an enormous bubble in residential real estate, most notably in the U.S. Bubbles in the UK, Ireland, and Spain have also played a major role in the Europe’s economic problems. A team led by J. Doyne Farmer (INET Oxford), Robert Axtell (George Mason and visiting scholar at INET Oxford), John Geanakoplos (Yale) and Peter Howitt (Brown) and funded by INET have created a unique agent-based model of housing bubbles using data on nea...

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Thumbnail for Nature in the Balance - New Book by Helm and Hepburn

Nature in the Balance - New Book by Helm and Hepburn

29 Apr 2014

Dieter Helm, Professor of Energy Policy and Fellow in Economics at New College and Cameron Hepburn, Director of the Economics of Sustainability Programme at INET Oxford and Professor of Environmental Economics at the Smith School recently co-edited Nature in the Balance: the Economics of Biodiversity (Oxford University Press). The book sets out the building blocks of an economic approach to biodiversity, and in particular brings together conceptual and empirical work on valuation, international agreements, the policy instruments...

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