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Toward a New Bretton Woods Agreement

Desautels Professor of Finance, Reuven Brenner, was recently published in American Affairs Journal, a quarterly journal of public policy and political thought.

Published: 23 May 2017

2016-17 Desautels Teaching Awards

Congratulations to Professor Juan Serpa and Professor Sujata Madan who have been selected as the recipients of the 2016-17 Desautels Faculty Teaching Award for Undergraduate and Graduate teaching, respectively. 

Published: 17 May 2017

Movies that MBAs can learn from: professors have their say

Poets and Quants recently asked business educators to name their top picks for films from which MBAs could learn a lesson or two. The range of movies mentioned was wide, and included some films that do not, at first, seem to be obvious choices. So, while films like The Wolf of Wall Street, 1986’s Gung-Ho, and Margin Call show up on the list, some professors give the nod to movies like Zootopia and The Godfather.

Published: 25 Apr 2017

Metaphor, literacy and ‘fake news’

Desautels Professor Reuven Brenner writes in a recent Asia Times op-ed that, as societies become literate, earlier metaphors become codified as literal truths, much to the detriment of those societies and the cultures that exist within them.

Published: 20 Apr 2017

As feds unveil pot legalization plans, producers’ shares slip

Ottawa has released its plan to legalize marijuana, and the hit on big cannabis shares has been heavy. Concerns about how fast the government is moving to squeeze out illegal producers, a law-enforcement-heavy public announcement and a feeling that the government is stepping back from its plans for an industrial-scale market are leaving investors with questions.

Published: 19 Apr 2017

Desautels achieves second consecutive win at PRMIA

Congratulations to Desautels undergraduate students: Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian who won the top prize at the prestigious PRMIA International Risk Management Challenge- marking a second consecutive victory for the Faculty at this competition.

Published: 12 Apr 2017

Marijuana sector likely to constrict as it matures

Desautels Professor Ken Lester was interviewed on BNN about the commodification of marijuana post-legalization. He discussed product choice, the question of how branding might be constrained by the impending legislation, and the tricky taxation line that the governments will have to trace in order to not send consumers back to the black market.

Published: 7 Apr 2017

James Rickards and the end of the economy

A recent Forbes book review delves into James Rickards’ The Road to Ruin: The Global Elites’ Secret Plan For The Next Financial Crisis, which makes the case that there is a big-ticket financial collapse coming, one that dwarfs the 2008 recession. Rickards lays much of the blame on macroeconomics, drawing a parallel between it and astrology.

Published: 4 Apr 2017

Les prédictions économiques prospèrent sur des modèles qui ne fonctionnent pas

The permanent forecasting market and its fallout 

A piece in Contrepoints takes the whole practise of regular GDP forecasting to task for being based on flawed economic models, referencing Desautels Professor Reuven Brenner’s article in the inaugural issue of American Affairs, in which he calls for the abandonment of macroeconomics in favour of a more accountability-based model.

Published: 3 Apr 2017

Desautels Assistant Professor named to prestigious list

The 2017 edition of Poets and Quants’ Best 40 Under 40 Professors list is out, and on it are four teachers at Canadian institutions — including Desautels Assistant Professor Sebastien Betermier. Professor Betermier teaches investment management and has been nominated for the Desautels Distinguished Teaching Award four times.

Published: 3 Apr 2017

Overreaction to extreme market events and investor sentiment

Authors: Piccoli, P., Chaudhury, M. 

Publication: Applied Economics Letters

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Published: 31 Mar 2017

The pursuit of happiness through the ages

Desautels Professor Reuven Brenner gave a lecture as part of the Centre for the Thought of John Paul II’s series on Moral Capitalism, in which he explored the concept of the pursuit of happiness, as first codified in the US’s 1776 Declaration of Independence.

Published: 30 Mar 2017

Improving innovation policy

During a debate hosted in part by the Centre for the Thought of John Paul II in Warsaw, Poland, Desautels Professor Reuven Brenner explores the military origins of venture capital, as well as the associated National Defence Education Act, which he blames for starting the decline he sees in the quality of university education.

Published: 30 Mar 2017

Shoes, economics and entrepreneurship: Shoe Dog by Phil Knight

John Tamny starts his review of Nike founder Phil Knight’s eminently enjoyable memoir, Shoe Dog, with a quote by Desautels Professor Reuven Brenner that macroeconomics is a “tautology and a myth, a dangerous one at that, sustaining that prosperity is necessarily linked to territory, national units and government spending in general.” He then goes into why the book’s author would likely agree with Professor Brenner.

Published: 30 Mar 2017

Canada stagnates while the US charges ahead: why VC in Canada is doing so poorly

In a recent piece for Asia Times, Desautels Professor Reuven Brenner shines a light on Canada’s VC culture, contrasting its sluggish returns with those of the US, which outstrips its northern neighbour across the border.

Published: 30 Mar 2017

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