Published 27 August 2025 by Giulia Chiappetta
Daily Recap – Wednesday, 27 August 2025

Wednesday’s Scientific Programme began with a Partner Breakfast and an active sports session. For the late risers, the day officially started at 9 am with a Lecture series consisting of four engaging talks.
A highlight of the day was the well-attended Panel Discussion on “The Fragility of Financial Systems“ which explored both the crucial role banks play in economic growth and welfare and the systemic risks they inherently pose.
During the Next Gen Science Sessions, the Young Scientists had the opportunity to showcase their own outstanding research. Today’s theme focused on Applied Microeconomics and Econometrics.
Finally, in the Open Exchanges and Science Walks Laureates and Young Scientists were equally involved. After a productive day, participants came together to unwind with good food and some dance moves on the dance floor to round off the evening.
Quote of the Day
“I think that there’s a lot of opportunity to learn something about banks using game theory.”
Philip H. Dybvig, Laureate in Economic Sciences 2022
Picture of the Day
Less than a year since having been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024, Simon H. Johnson today gave his first Lindau Lecture.

Blog Post of the Day
Our blog post of the day evolves around Tripolarity – or Bipolar Plus One? Europe’s Last Good Chance to Lead Innovation.
Top minds from science, policy and industry explored whether the EU can keep pace in a world shaped by tech superpowers. Fragmentation, focus and the fight for sovereignty took center stage.
Discover the key takeaways here.
Fact of the day
From Lindau to your living room: During 9 livestreams at #LINOecon 510 minutes of economic science are sent out from Lindau to the world. Missed a session? No worries! Most programme contributions will be available afterwards at the Lindau Mediatheque, so you can catch up anytime, anywhere.
Today’s Highlight Session
The panel on “The Fragility of Financial Systems“ brought together two first-time participants at this Lindau Economics Meeting: Douglas W. Diamond and Philip H. Dybvig. They were joined by fellow Laureate Bengt R. Holmström and Young Scientist Shohini Kundu for a stimulating discussion on the vulnerabilities in the global financial system.
Diamond, Dybvig, and Ben Bernanke were awarded in 2022 for “for research on banks and financial crises”. Their work laid the foundation for modern bank regulation. The panel discussion examined their work and also discussed the impact of their theoretical insights for financial regulation and central banks dealing with financial crises.
Programme Preview: Thursday
- 09:00–10:30: Lectures
- 11:00–12:30: Next Gen Science
- 14:30–16:00: Lectures
- 16:30–18:00: Panel Discussion
- 18:15–19:00: Heidelberg Lecture
- 19:00–22:00: Dinner
Veggie Thursday: On Thursday, our menu goes green – enjoy a full day of delicious vegetarian and vegan meals!
Over the course of the next days, we will keep you updated on the 8th Lindau Nobel Meeting in Economic Sciences with our Daily Recaps, where you can find all the day’s highlights in one place. We will feature blog posts, photos and videos from the Lindau Mediatheque as well as social media.