Thumbnail for Climate issues are moving to the very forefront of financial thinking

Climate issues are moving to the very forefront of financial thinking

08 Mar 2016

In December, the international climate negotiations in Paris agreed to work towards “holding the increase in the global average temperature to well below 2°C above pre-industrial levels, and pursuing to limit the temperature increase to 1.5°C”. For most observers, who for a long time had assumed that a target as low and challenging as 1.5°C was off the table, this high ambition goal was an unexpected, albeit welcome, surprise. Now that the dust has fully settled on the agreement, the thinking required abo...

Read more


Thumbnail for We Need a Twenty-First Century View of the Economy

We Need a Twenty-First Century View of the Economy

29 Feb 2016

INET Oxford’s Executive Director Eric Beinhocker and Seattle based technology entrepreneur and venture capitalist Nick Hanauer call for a new view of 21st century capitalism in the online journal Evonomics.  Read the article here:  http://evonomics.com/we-desperately-need-a-twenty-first-century-view-of-the-economy-en/

Read more


Thumbnail for Complexity Theory and Financial Regulation

Complexity Theory and Financial Regulation

23 Feb 2016

Complexity theory is needed for better understanding and management of financial-economic crises, according to an interdisciplinary group of scientists from ecology, epidemiology, physics, computer science, sociology, economics and banking in Science today. Applications of complex networks, agent-based models and laboratory experiments offer great potential to better grasp complex financial economic systems.   Traditional economic theory could not explain, much less predict, the near collapse of the financial syst...

Read more


Thumbnail for One Trend To Rule Them All: The Hidden Maths Of Urban Economies

One Trend To Rule Them All: The Hidden Maths Of Urban Economies

12 Feb 2016

'The Hidden, Universal Rule That Helps Govern The Way Businesses Grow In A City', INET Oxford's Dr Hyejin Youn. Read the full Forbes article here. Read the full Next City article here   

Read more


Thumbnail for Professor Sir Tony Atkinson wins prestigious Dan David Prize for Combatting Poverty, and the PROSE Award 2016

Professor Sir Tony Atkinson wins prestigious Dan David Prize for Combatting Poverty, and the PROSE Award 2016

11 Feb 2016

Professor Sir Tony Atkinson has be awarded the Dan David Prize for his work to find solutions to poverty. The international Dan David Prize, headquartered at Tel Aviv University, was announced on 11 February and Professor Atkinson is one of three to receive a prize. The Dan David Prize annually awards three prizes of US$1 Million each for outstanding achievements in the three time dimensions – Past, Present and Future. The organisers paid tribute to Professor Atkinson, saying that he "is a world leadin...

Read more


Thumbnail for Shareholders may sue investors who ignore climate risk

Shareholders may sue investors who ignore climate risk

10 Feb 2016

Investors who ignore the risks of climate change on the value of their stock could face legal action by their own shareholders.  Professor Cameron Hepburn, Co-Director of the Oxford Martin Net Zero Carbon Investment Initiative, together with UK-based investment manager Howard Covington and environmental lawyer James Thornton, argue that systemic climate risk is an issue which investors now ignore at their peril. In an article for Nature, published today, they point out that bringing the first action to court would n...

Read more


Thumbnail for Beinhocker keynote at OECD Green Growth Conference

Beinhocker keynote at OECD Green Growth Conference

08 Feb 2016

Shortly following the conclusion of the UN COP 21 Climate Summit in Paris in December, the OECD hosted a major conference on Green Growth and Sustainable Development at its headquarters in Paris.  INET Oxford Executive Director Eric Beinhocker delivered a keynote address titled “The Path from Paris:  Imperatives and Opportunities" that put the achievements of COP21 in perspective, and then building on INET Oxford research, proposed an ambitious agenda for building on the momentum of Paris.  ...

Read more


Thumbnail for Oxford academics working with governments to implement the Local Refugee Match

Oxford academics working with governments to implement the Local Refugee Match

03 Feb 2016

Over one million migrants reached Europe in 2015. Almost all of them arrived by sea and around 4000 are known to have died during their journey. Half came from Syria, where there are around 7 million internally displaced persons. Another 20 percent came from Afghanistan and 10 percent came from Iraq. The bulk of these migrants - 80 percent - arrived to Greece and most of the rest arrived to Italy. There is no careful survey of recent migrants, but IOM estimates that the considerable majority of Syrian migrants intend...

Read more


Thumbnail for Impact of automation on developing countries puts up to 85% of jobs at risk

Impact of automation on developing countries puts up to 85% of jobs at risk

01 Feb 2016

A new report from Citi and the Oxford Martin School explores the varying impact that automation of jobs will have on countries and cities around the world, in the near future and the coming decades. Technology at Work v2.0: The Future Is Not What It Used to Be builds on 2013 research by INET Oxford, Senior Research Fellow Carl Benedikt Frey, and Michael Osborne which found that 47 per cent of US jobs were at risk of automation over the next two decades, and on the first Technolog...

Read more


Thumbnail for John Muellbauer gives evidence to Economic Affairs Committee on the UK housing market

John Muellbauer gives evidence to Economic Affairs Committee on the UK housing market

25 Jan 2016

Professor John Muellbauer of the Institute of New Economic Thinking at the Oxford Martin School gave evidence this week at The House of Lords Economic Affairs Committee, as part of its inquiry into the economics of the UK housing market. Taking place at the House of Lords, on Tuesday 19 January, the session considered a number of topics including whether increasing longevity, as opposed to immigration, is the biggest factor driving population growth in the UK; the impact of net migration on current and future...

Read more


Thumbnail for Researchers forecast future technological costs, and find good news for solar power

Researchers forecast future technological costs, and find good news for solar power

25 Jan 2016

Can we predict what will happen to the cost of technology in the coming decades? Researchers at the Institute for New Economic Thinking at the Oxford Martin School have used Moore’s law to develop a forecasting model for the unit cost over time of any given technology. In their paper, How predictable is technological progress?, published in Research Policy, they describe how they then ‘went back in time’ to predict the future costs of different technologies from the point of their initial de...

Read more


Thumbnail for Economics of the United Kingdom housing market inquiry

Economics of the United Kingdom housing market inquiry

18 Jan 2016

INET's Professor John Muellbauer to give evidence to the Economic Affairs Committee on the economics of the UK housing market.  For more information, visit the website: http://www.parliament.uk/economics-uk-housing-market/  

Read more