What if “modern Britain” was built on a private franchise over money itself?This book traces how a small clique of Whig entrepreneurs engineered the founding of the (private) Bank of England and, with it, the privatisation of credit creation. By shifting money issuance from a public prerogative to a shareholder-controlled institution, they rewired the fiscal…
Money Matters is a rigorous yet approachable guide to why money and credit sit at the core of real-world growth, stability, and inclusion. Dr. Plamen Ivanov bridges theory and evidence to show how central banks, commercial banks, and regulation actually move the economy—and how smarter monetary design can improve outcomes. At a glance Pre-orders &…
From traditional banking to FinTech and CBDCs, this guide maps the fast-changing monetary landscape—and what it means for policy, supervision, and markets. Inside the guide Who should read it: economists, central bankers, regulators, banking/FinTech professionals, students, and curious readers. Pre-orders & bulk enquiries: ivanov@arbe.org.uk
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 🔥 A special fireside chat with former UK Prime Minister offered candid insights on the interaction between the real…
The Association for Research on Banking and the Economy (ARBE) has a new social home:👉 https://uk.linkedin.com/company/the-association-for-research-on-banking-and-the-economy Follow us for cutting-edge, real-world, policy-relevant research on money, banking, and the economy — plus events, programmes, and #FlashbackFriday classics. 👍 While you’re there, hit Follow, scroll our feed, and like/comment on earlier updates to help more researchers and…
📰 Prof. Richard Werner on Tucker Carlson — July 28, 2025 In a wide-ranging interview, Prof. Richard Werner explains—plainly and empirically—how commercial banks create new money when they extend credit, why mainstream “banks-as-intermediaries” models miss this core mechanism, and how credit allocation—not just rates—drives inflation, asset booms/busts, and real growth. He also touches on the…
CALL FOR PAPERS The Department of Economics, Accounting and Finance, University of Winchester Business School, together with the Association for Research on Banking and the Economy (ARBE), are inviting paper submissions for presentation at the Fifth European Conference on Banking and the Economy (ECOBATE 2024), hosted at the University of Winchester, West Downs Centre, Winchester…
We are delighted to announce that Prof. Dr. Werner gave an open lecture at the Higher School of Insurance and Finance on the topic of “The Economics of High Prosperity and Growth for All” on December 6th, 2024. His open lecture included a critical discussion on research methodology in economics, the role of banks in…
The ARBE convenor, Prof. Richard Werner, was interviewed by the leading business television Bloomberg TV on the launch of our new MSc International Banking and Finance at the Higher School of Insurance and Finance. In the interview, he shared his insights about the key role of eduction for banking experts, with the suitable know-how, in…
It is with great delight to share with you that the Association for Research on Banking and the Economy (ARBE) is launching a new MSc International Banking and Finance (taught in English) in collaboration with European partners. The new, state-of-the-art postgraduate degree will be exclusively delivered by ARBE team members at the Higher School of…