www.blackelectorate.com/articles.asp?ID=705 -
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Published on: 10/8/2008
Last Visited: 11/28/2007
Exclusive Q & A With Economist Reuven Brenner of McGill University (Part 1)
By the time he appeared on the cover of Forbes Magazine late last decade, a chorus had already developed within some circles in the United States that the best economist in the world was living north of the border.Reuven Brenner, the Repap Chair Of McGill University's School Of Management in Montreal, by most measures, at least, was the best economist that Canada had produced since Robert Mundell - 1999's Nobel Prize Economist.
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In fact it was Mr. Mundell, himself, some years ago who outright identified Reuven Brenner as sitting at the top of the profession.
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What impresses most people about Reuven Brenner is his ability to make the complex simple and put economics jargon in laymen's terms.The Force Of Finance, Mr. Brenner's latest book, is a case in point.The Canadian economist outright states at the beginning of his book, his preference for being understood by the majority rather than impressing a small minority, and often arrogant elite in his profession, "...I do not use jargon in this book, no matter how technical the subject."
Reuven Brenner successfully applies this principle in his latest book, and through the use of anecdotes and metaphors delivered in oral presenatations or written form, he is able to produce clarity in a profession that seems to increasingly reward its practitioners for excellence in obfuscation, and thus supporting the label that many have given the field of economics - that of "the dismal science."
BlackElectorate.com publisher, Cedric Muhammad spent two days in Montreal last month, for a simultaneously intense, jovial, and fascinating dialogue with Reuven Brenner regarding his unique worldview; his new book The Force Of Finance; and how the Canadian professor's ideas are increasingly relevant to the global Black electorate.
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A third of what was covered in the wide-ranging dialogue was conducted as an exclusive interview of Reuven Brenner for BlackElectorate.com.
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Reuven Brenner: Because my starting point is completely different.
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Reuven Brenner: Excellent question.
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Reuven Brenner: Well, you see, there are two things at work here.
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Reuven Brenner: Yes, it was a big innovation but that was done for the purpose that the name suggests - accountability, not to give a valuation for a company.
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Reuven Brenner: I think you go back to the subject of how the MBAs and economists have been mistrained.
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Reuven Brenner: No.
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Reuven, as you know, my focus and the focus of BlackElectorate.com of course, in many cases is the indigenous populations throughout the world and the Black electorate in the Western hemisphere and in Africa so when I see your book and model, as I have always told you, its greatest application, for good, could be in the innercities of America and these parts of the world.
Reuven Brenner.
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Reuven Brenner: backfired...
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Reuven Brenner: Yeah.
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Reuven Brenner: and you have these unexpected consequences.
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Reuven Brenner: absolutely.
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Reuven Brenner: I think if they gave individual compensation it would have worked much better.
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