Reuven Brenner

The year 2016 started with an insane US decision concerning the Middle East and the world: signing a deal on January 16 with Iran’s mullahs (a deal whose details have not been revealed to these days).

Classified as: Reuven Brenner
Published on: 9 Jan 2017

Though Broadway musicals (including Andrew Lloyd Webber and even the late Pavarotti’s occasional Atlantic City solo) do not compare in many minds to opera, Las Vegas has been discovering the long-forgotten relationship between gambling and culture.

Classified as: Reuven Brenner
Published on: 12 Dec 2016

I spent the first fourteen years of my life under communism. When my parents got out in 1962, I realized to my utter astonishment that much of academia was on the left, praising communism, rationalizing increased centralization of powers under a variety of jargons. Even the US was not immune to these ideas, and that the left and academia despised workers who wanted routine lives, rather than revolutions.

Read full article: Asia Times, December 4, 2016 

Classified as: Reuven Brenner
Published on: 5 Dec 2016

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 

 

Classified as: Reuven Brenner
Published on: 24 Nov 2016

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.

Classified as: Reuven Brenner
Published on: 24 Nov 2016

"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.

Classified as: Reuven Brenner
Published on: 4 Nov 2016

„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 

Classified as: Reuven Brenner
Published on: 21 Jun 2016

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. 

Classified as: Reuven Brenner
Published on: 6 Apr 2016

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?

Classified as: Reuven Brenner
Published on: 30 Mar 2016

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

Classified as: Reuven Brenner
Published on: 16 Mar 2016

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

Classified as: Reuven Brenner
Published on: 3 Mar 2016

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

Classified as: Reuven Brenner
Published on: 15 Feb 2016

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.

Classified as: Reuven Brenner
Published on: 10 Feb 2016

During a recent roundtable, I was startled when a participant brought me a recent Financial Times (Nov. 10, 2015) article, titled “Shareholders think they own the company – they are wrong,” subtitle elaborating “So whose is the business? No one’s, just like the river Thames.” Eh?

Classified as: Reuven Brenner
Published on: 8 Feb 2016

Written by Reuven Brenner

Over the years, some economists carried out laboratory experiments and argued that people are inconsistent in ways they assess risks and probabilities. They concluded that it is misleading to rely on other economists’ view of risk, and that economics cannot be separated from psychology. This field of study is known today as “behavioral economics” (Kahneman and Tversky its founders), which, as briefly shown here, is neither “behavioral,” nor “economics,” nor makes sense.

Classified as: Reuven Brenner, Asia Times
Published on: 18 Dec 2015

Pages