Today’s North American economic nationalism isn’t unprecedented – it’s a pattern

Today’s North American economic nationalism isn’t unprecedented - it’s a pattern

In this Globe and Mail opinion piece, Dr. Laurence B. Mussio and Dr. Marvin Suesse argue that the current rise of economic nationalism in North America, exemplified by U.S. tariffs and trade tensions, is not unprecedented but part of a recurring historical pattern. Since 1840, North America has experienced at least five major cycles of economic nationalism, often triggered by a combination of domestic political shifts, technological disruption, and geopolitical tensions. Today, the key difference is the deep economic integration between Canada and the U.S., making the stakes that much higher. However, it is clear that history also offers hope.

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How Canada must face its winter of reckoning

How Canada must face its winter of reckoning

In this Globe and Mail article, Dr. Laurence B. Mussio explores Canada’s current economic and institutional crises, arguing that history provides lessons for renewal. He highlights how Canada has long struggled to balance aspirations with practical governance and emphasizes the need for courage, competence, and cultural renewal. The unbuilt “Angel of Peace” monument serves as a metaphor for Canada’s unrealized potential, urging leaders to embrace bold reforms and rekindle a shared sense of purpose.

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DeepSeek and the trillion-dollar history lesson

DeepSeek and the trillion-dollar history lesson

In this piece, special to The Globe and Mail, Professor John Turner and Dr. Laurence B. Mussio discuss the recurring boom-bust cycle in technology and markets, using the recent DeepSeek AI breakthrough as an example. The article highlights how decision-makers often overlook early warning signs – but understanding historical cycles can help businesses better navigate future technological shifts.

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Podcast: Boom, Bust and the Echo of History

September 2024 | Toronto

What can history teach us about today’s financial landscape? In the latest episode of the popular BMO Capital Markets podcast, Professor John Turner, co-author of the award-winning Boom and Bust: A Global History of Financial Bubbles, joins Dr. Laurence B. Mussio to examine:

  • The echoes of past booms and busts in today’s markets
  • The transformative potential of AI and general-purpose technologies
  • The impact of globalized finance on shaping future economic cycles
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Dr. Bruce Choy, Risk Management and Governance Specialist, Joins LRI Board of Governors

Dr. Bruce Choy, ICD.D

The Directors of the LRI are delighted to welcome University of Toronto Adjunct Professor Bruce Choy, Rotman School of Management, to the Board of Governors. Dr. Choy is a specialist in governance and risk management. He is currently Chair of the Board of Governors for the George Brown College of Applied Arts and Technology, and Chair of the Board Risk Committee for Shinhan Bank Canada, a subsidiary of the Korean financial services conglomerate Shinhan Financial Group.

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BUBBLES: AN LRI BRIEFING

23 July 2021 | Online Briefing

Something peculiar has been happening in financial markets. Despite the worst pandemic in a century, stock markets have been booming. Why?

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Dr. Andrea H. Schneider-Braunberger, Leading German Business Historian, Joins Board of Governors

The Long Run Initiative (LRI) is delighted to announce that Dr. Andrea H. Schneider-Braunberger, CEO since 1996 of the Gesellschaft für Unternehmensgeschichte (GUG) (Business History Society), is joining its international Board of Governors, effective immediately. GUG has a lengthy and impressive record of connecting the worlds of academia, business and government in the German speaking nations. For more details about the appointment and a downloadable press release, click HERE.

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