Behavioural Finance: Lessons for Aspiring Leaders and Entrepreneurs

-Tyler Baessler Jan 23, 2018 Richard Thaler winning the 2017 Nobel Prize in Economics was a breakthrough for the discipline of behavioural economics and finance, a growing field that has wide-ranging implications for classic economic and financial theory. The basis of the subject-area is that perhaps the most essential underlying assumption of economic theory, that…

Exchange Rate Regimes

By Omar El-Sharawy February 19, 2018 Analysts agree that “getting the exchange rate right” is essential for economic stability and growth. Over the past two decades, many developing countries have shifted away from fixed exchange rates and towards flexible exchange rates. The question remains, why are flexible exchange rates preferred? A flexible exchange rate is…

One Month After Ontario’s Minimum Wage Bump: Is The Sky Falling?

Ben Merrell February 10, 2018 While it has barely been a month since the Ontario minimum wage was raised from $11.60 per hour to $14.00 at the start of 2018, a multitude of questions and concerns remain. Each side of the partisan divide seems to be holding its breath, waiting for any piece of data…

Leverage and Securitization: The Two Financial Bogeymen

By Omar El-Sharawy February 6, 2018 Warren Buffet has cemented his legacy in the financial world as an articulate and calculated investor. Buffet was famously quoted as saying, “Risk comes from not knowing what you are doing”. In modern financial hiccups, speculators time after time have found haven in validating these fluctuations by blaming financial…

Does the Wealth of Nations Hold Up in Today’s Economics?

View the original article here Gordon Milne Former President, McGill Students’ Trading Society Published in 1776, Adam Smith’s An Inquiry into the Nature & Causes of The Wealth of Nations is cited as being one of the most important and influential works in economic theory ever crafted. This hefty book definitively stakes out the key concepts of…