OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
This talk explores why financial and economic literacy matter for citizens and why even highly educated people often struggle to make sense of policy, politics, and personal finance. Drawing on new research, Professor Michael McMahon will show that households rely on diverse mental models of the economy that differ sharply from those of experts.
Encouragingly, even modest teaching interventions can align public understanding with economists’ views, improving forecasts and boosting trust in institutions. At the same time, evidence from central bank communication reveals that while policymakers have simplified their language, the underlying conceptual complexity of their messages remains high, making them hard to follow.
Building on the ‘three Es’ of communication — Explanation, Engagement, and Education — the talk argues that better teaching, clearer communication, and genuine dialogue can help people think more like economists and engage more effectively in today’s complex economic environment.
This talk is sponsored by EBC Financial Group.
