Frontiers in Economics Summer School at Linacre College, University of Oxford

We’re delighted to report a successful week at Linacre College, Oxford: 20+ participants from 7 nationalities joined ARBE’s Frontiers in Economics programme for a deep dive into money, banking, and real-world policy.

Guest lecturers & highlights

• Prof. Richard Werner — examined how bank credit creation shapes growth, cycles, and institutions, and why credit allocation—not just interest rates—drives real outcomes.
• Prof. Charles Goodhart — explored Demography, Fertility, and Fiscal Sustainability in the UK and beyond, stressing long-term structural trends over short-term financial horizons.
• Prof. David Hendry — made the case for General-to-Specific (GETS) modelling, reframed “data mining” as disciplined discovery, advocated KISS, and traced the evolution of OxMetrics; topic: History of Macroeconometrics to the Bernanke Report (2024).
• Prof. Avner Offer — brought historical perspective to modern political economy, showing how long-run institutions and social norms shape prosperity and policy trade-offs.

🔥 A special fireside chat with former UK Prime Minister offered candid insights on the interaction between the real economy, the Treasury, finance, and the Bank of England — an honest, eye-level discussion our cohort won’t soon forget.

What participants valued
A rare blend of cutting-edge theory, front-rank scholarship, and first-hand policy experience—economics aimed at understanding the real world, not just the model world.

📈 Looking ahead to 2026
We’re planning to grow next year’s cohort. If you’d like to register early interest (individuals or institutional groups), please email ivanov@arbe.org.uk.