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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

Abstract: 

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

Among Best 40 Professors Under 40

For his engaging teaching and excellence in research, Professor Sebastien Betermier has been named by Poets & Quants as one of this year’s Best 40 Under 40 Professors. 

Published: 27 Mar 2017

Bannon, Plato and the decline of America

In a piece for the Asia Times, Desautels Professor Reuven Brenner looks at Trump aide Stephen K. Bannon’s view of history and how it forms his domestic and foreign strategy. Professor Brenner says that Bannon’s “generational view of history” can be traced back to analogues in the ancient world, specifically those of Aristotle and Plato, not to mention the US founding fathers.

Published: 7 Mar 2017

Desautels undergraduates secure a win at PRMIA Risk Management Challenge

Congratulations to Desautels BCom students Evan Coulter, Valentyn Litvin, Meagan Prins, and Marina Simonian for winning the PRMIA Risk Management Challenge, marking a third consecutive victory for the Faculty. The team will advance to the International Risk Management Challenge in London, UK on April 7th, 2017 for a chance to win the grand prize of $10,000 USD.

Published: 3 Mar 2017

Canada’s new ‘green’ economy

In Smiths Falls, Ontario, a former chocolate factory houses one of Canada’s biggest marijuana producers. Canopy Growth and its competitors are in a headlong rush to increase production and market share, and they will likely soon exceed the market for medical marijuana in Canada. But that’s no problem; the industry is looking ahead, toward the legalized recreational marijuana market promised by the Liberal Government.

Published: 1 Mar 2017

Corruption, accountability and a bridge in Bangladesh

Desautels Faculty of Management Finance Professor Mo Chaudhury writes for The Daily Star that the court case surrounding the Padma Bridge project in Bangladesh —which has snared the World Bank, SNC-Lavalin and the Bangladeshi government —has only served to highlight the need for greater accountability across the board in large development projects.

Published: 28 Feb 2017

The philosopher and the tycoon, how Eric Hoffer Predicted the last election

In an opinion piece for the Wall Street Journal, Desautels Finance Professor Reuven Brenner examines the 1970 essay Whose Country Is America? by Eric Hoffer. Professor Brenner looks at how the essay seems to have predicted the tenor of the last US presidential election, as well as the histrionics that have rocked America since.

Published: 28 Feb 2017

Macroeconomics, accountability and the 2008 financial crisis

In a recent essay for the inaugural issue of American Affairs, Desautels Faculty of Management professor Reuven Brenner writes that it is time to drop the macroeconomic myths that have been damaging us for decades, and put accountability back at the centre of our economy.

Published: 24 Feb 2017

Professor Brenner marks launch of American Affairs

Professor Reuven Brenner of the Desautels Faculty of Management was in Manhattan, NY on February 21 to mark the inauguration of American Affairs, a quarterly journal of public policy and political thought for which he is a contributing writer and serves on the Advisory Board. The launch was hosted at the Harvard Club with guests such as Peter Thiel, former CEO and Co-Founder of PayPal.

Published: 23 Feb 2017

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