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Reuven Brenner

Must All Patents Last for 20 Years?

Fri, 2013-04-26 10:07

Patent controversies continue to roil the business world. In March, a federal judge slashed by nearly half the $1.05 billion in damages awarded Apple last year in its patent-infringement suit against Samsung. On April 1, India's Supreme Court denied Novartis AG's request, after a seven-year legal battle, to gain patent protection for an updated version of its blockbuster leukemia drug Gleevac. And on April 15, the U.S. Supreme Court heard arguments in Association for Molecular Pathology v. Myriad Genetics, challenging Myriad's claim to patent a naturally occurring gene.

Source Site: /desautels

The Case for a Three Year College Degree

Thu, 2013-04-04 15:17

Reducing the time it takes for a student to complete college could add trillions of dollars in wealth to the U.S. economy. Changes in the labor market and educational institutions mean that now is the perfect time to alter the required time to attain a college degree, says Reuven Brenner, the Repap Chair at McGill University's Desautels Faculty of Management.

Read full article: National Center for Policy Analysis, March 28, 2013

Source Site: /desautels

Faster Learning, Route to Wealth

Thu, 2013-04-04 14:56

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.

Source Site: /desautels

Bernanke's World War II Monetary Regime

Mon, 2013-03-25 15:36

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

Source Site: /desautels

Accelerated learning would add trillions of dollars in wealth

Fri, 2013-03-22 13:27

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.

Source Site: /desautels

Free Markets Series E11 - Reuven Brenner - The force of finance

Wed, 2013-03-13 13:27

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

Source Site: /desautels

Paris sportifs : l’affaire Donaghy. Par Reuven Brenner et Aaron Brown

Tue, 2013-02-12 11:37

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.

Source Site: /desautels

Professor Reuven Brenner receives Queen Elizabeth II Diamond Jubilee Medal

Tue, 2013-02-12 11:05

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.

Source Site: /desautels

Land-based spells bring crises

Mon, 2013-01-28 10:36

 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

Source Site: /desautels

The 1930s All Over Again?

Mon, 2012-12-03 16:22

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.

Source Site: /desautels

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