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Reuven Brenner

Reuven Brenner formerly held the Repap Chair at McGill University’s Desautels Faculty of Management. He is the author of several books including Force of Finance (Texere, 2002) and World of Chance (Cambridge University Press, 2008).
Articles by Reuven Brenner

How the Financial Crisis Did Not Change the World

The tenth anniversary of the 2008 financial crisis came and went with surprisingly little reflection. Adam Tooze’s Crashed: How a Decade of Financial Crises Changed the World was perhaps the most celebrated attempt to analyze the crisis with the benefit of hindsight. Unfortunately, much of the book offers little more than a chronology of newspaper headlines, displaying superficial…

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Accelerate Education

Virtually everyone believes education is a key to prosperity. But the fact that Vice President Mike Pence had to cast a tie-breaking vote to confirm Betsy DeVos as secretary of education raises the question: why does education provoke such sharp divisions in the United States? At present, the college enrollment for the 18–24 age group stands around 40 percent, up from 26 percent in 1980. As expected, labor force participation for this age group has declined…

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Toward a New Bretton Woods Agreement

The fifteenth anniversary of the euro in 2017 offers a good occasion to reexamine what is wrong with the present international monetary arrangements and the theories used to justify them. Theoretical questions concerning the nature of money have profound implications for policy issues, including the mandates of central banks, interest rates, exchange rates, credit growth…

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Dismiss Macroeconomic Myths and Restore Accountability

Statements from past and present Federal Reserve chairmen inspire little confidence that their models provide any understanding of what is going on within the United States, never mind the rest of the world. Yet the Fed continues to rely on the same analyses as it did before the financial crisis of 2008, and it is still led…

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