If students could complete their education a year faster, the many benefits would include increased personal wealth, decreased government spending, and more sustainable entitlement programs.
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Published on: 4 Apr 2013
When a government spends beyond its means, the options for paying for the spree are unattractive. It can burden the populace with higher taxes, or it can wipe out a portion of creditors' wealth by inflating the money supply, repaying debts with a debased currency. Or it can do both. The United States is avoiding these choices by borrowing enormous sums, bringing federal debt to almost $17 trillion, at interest rates that the Federal Reserve has managed to keep very low. For now.
-Article by Reuven Brenner and Martin Fridson
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Published on: 25 Mar 2013
If students could complete their education a year faster, the many benefits would include increased personal wealth, decreased government spending, and more sustainable entitlement programs.
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Published on: 22 Mar 2013
Free markets are essential to the technological innovations that underpin rising levels of prosperity. In this sobering interview, though, economist Reuven Brenner expresses his concern for the future of free markets, at least in the near term.
Watch full interview: YouTube, March 12, 2013
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Published on: 13 Mar 2013
Cet article, qui conclut un édito en deux parties sur les paris sportifs, est basé sur le livre World of Chance des auteurs publié en 2008 par les auteurs. La première partie est intitulée Le sport, les matchs truqués et les paris illégaux. Les auteurs étudient l’importance des paris dans le fonctionnement et le financement du sport, et s’attaquent aux préjugés négatifs dont ils souffrent bien souvent.
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Published on: 12 Feb 2013
Professor Reuven Brenner has been awarded a Queen Elizabeth II Diamond Jubilee Medal in February 2013 for his dedication to his peers, his community, and to Canada. This commemorative medal was created to mark the 2012 celebrations of the 60th anniversary of Her Majesty Queen Elizabeth II's accession to the Throne as Queen of Canada. The Queen Elizabeth II Diamond Jubilee Medal is a tangible way for Canada to honour Her Majesty for her service to this country. At the same time, it serves to honour significant contributions and achievements by Canadians.
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Published on: 12 Feb 2013
Although John Law's name is now associated with the 18th century South Sea Bubble, the problem he wanted to solve was the same that central banks are struggling with today: "How much money and credit can be created without bringing about inflation, destabilizing the economy, or destabilizing the international financial system?" Law's proposal then was that a "land-collateralized" note issue would be the solution.
-Article by Reuven Brenner
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Published on: 28 Jan 2013
Then, as today, societies were uncertain about which model of society to strive for and how to repair monetary systems. Societies bet on the wrong ideas; we may be committing similar mistakes now.
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Published on: 3 Dec 2012
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