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Reuven Brenner

American discontent stems from the pretense of caring

Thu, 2016-11-24 12:52

Written by Reuven Brenner

"If we can prevent the Government from wasting the labor of the people under the pretense of caring for them, they will be happy,” Thomas Jefferson said.

The last few decades in the US showed that the “we” Jefferson referred to were not successful achieving this goal.

Read full article: Asia Times, November 3, 2016 

 

Source Site: /desautels

The pitfalls of infrastructure spending: Lessons from Canada

Thu, 2016-11-24 12:47

Written by Reuven Brenner

Recent experience and debates about spending on infrastructure as being the panacea for Japan, the US, Western Europe, Canada, for job creation in particular, have reminded me of a long, detailed study I wrote about that topic back in 1998 about the miserable Canadian experience. At the root of that experience was the destruction of accountability in the federal government: and it is worth repeating how that happened. Perhaps present decisionmakers in political capital today can learn some lessons.

Source Site: /desautels

American discontent stems from the pretense of caring

Fri, 2016-11-04 12:53

"If we can prevent the Government from wasting the labor of the people under the pretense of caring for them, they will be happy,” Thomas Jefferson said.

The last few decades in the US showed that the “we” Jefferson referred to were not successful achieving this goal.

Source Site: /desautels

Spotkanie i debata z prof. Reuvenem Brennerem

Tue, 2016-06-21 11:35

„Na czym powinna polegać skuteczna polityka proinnowacyjna?” – to temat wykładu profesora Reuvena Brennera, który we wtorek został zorganizowany dla członków Narodowej Rady Rozwoju oraz ekspertów z zakresu innowacji w Pałacu Prezydenckim.

Read full article: Prezydent, June 7, 2016 

Source Site: /desautels

Obama: ‘No difference between capitalism and communism’

Wed, 2016-04-06 13:54

Hard to know what is more shocking: A president of the United States stating in a Buenos Aires speech last week that there is “no difference between capitalism and communism, choose whatever works” (see video link in the endnote) or the fact that this statement has not received coverage.

Reuven Brenner holds the Repap Chair at McGill University’s Desautels faculty of Management. The article draws on his Force of Finance. 

Source Site: /desautels

How government destroys parenthood: Reuven Brenner

Wed, 2016-03-30 14:06

Learning from their whooping crane failure?

Birth rates in western countries have declined to far below replacement levels of 2.1. Why did these countries’ last few generations give up having kids?

Source Site: /desautels

How Donald Trump became Adam Smith’s street-fighting man

Wed, 2016-03-16 14:18

Despite being an icon of economic liberty, Smith did not think that government intervention was always bad: it depended on the circumstances

Source Site: /desautels

Forget What Trump Can Do, Voters Likely Won't Allow It

Thu, 2016-03-03 13:38

What are the main issues that David Cameron negotiated with the EU and put up for the coming referendum?

Source Site: /desautels

Negative rates, deficits and defaults

Mon, 2016-02-15 13:39

Japan’s, the US’s and Europe’s central banks and governments continue to fly by the seat of their pants, since none of their policies restored prosperity since the 2008 crisis.  Incomes stagnate, labor force participation is at historical lows, and though measured unemployment dropped, the fact that there are no pressures whatsoever on compensations suggests that the decline in unemployment rates no longer signals better times.  In Canada, the drastic drop in prices of natural resources and the value of debt backing that industry has brought particular shock-waves to finance, insurance, and

Source Site: /desautels

Australia’s top court decides in favor of trade detention centers

Wed, 2016-02-10 13:16

On a flight back from Moscow in 1992, following meetings with parliament members and the late Mr. Yegor Gaidar, then finance minister, I wrote up the tongue-in-cheek conversation I had with them at the time, when they all complained about Russia having only its natural resources to sell.  Please bear with me how this episode is linked to Australian highest court recent decision to export “asylum seekers” to detention centers in Nauru, a minuscule, isolated island with few thousand inhabitants in the midst of the Pacific.

Source Site: /desautels