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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.
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.
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.
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.
The Directors of the Long Run Institute are honoured to welcome General (ret.) Stanley A. McChrystal, former Director of the Joint Chiefs of Staff and co-founder of The McChrystal Group, to the Board of Governors.
The Directors of the Long Run Institute are delighted to welcome Harvard professor Julliette Kayyem, Belfer Senior Lecturer in International Security at the Kennedy School of Government, to the Board of Governors.
The climate/energy transition has deep implications for resource-based economies like Canada. Our speakers and invited audience were drawn from the senior ranks of the university, public policy and corporate worlds – and all engaged in various dimensions of the conversation. How are we to negotiate this massive transformation of energy regime, keeping in mind not only sustainability, but also material prosperity and social impact?
The founding directors of the Long Run Institute are honoured to welcome Dr. Judy Z. Stephenson to the Board of Directors.
The paperback version of William Quinn and John Turner’s book Boom and Bust: A Global History of Financial Bubbles is released this week.
New institute launched to connect decision-makers to historical context
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