Monthly Archives: January 2009


Doug Turnbull of TD Securities

Western Capital Markets will be hosting Doug Turnbull, Deputy Chairman of TD Securities on Tuesday January 27 at 5:30pm in Ivey Rm. 1B04
All ESA members are invited. Please RSVP here.
Mr. Turnbull is a graduate of Western’s economics program and has worked internationally for many years. He will be speaking about his personal background, the investment banking [...]

A Brief Introduction to Quantitative Easing

In recent weeks the U.S. Federal Reserve, under the direction of Chairman Ben Bernanke, has continued with its policy of lowering the federal funds target to between 0 and 25 basis points (0.25%) in an attempt to thaw the frozen credit markets. While the reductions have further reduced the cost of credit, their overall goal [...]

Scholarship Opportunity

The ESA is pleased to announce an economics scholarship opportunity from the Institute of International Education.
The Institute of International Education (IIE) is accepting applications for the Japan-IMF Scholarship Program for Advanced Studies in Economics. This is a scholarship awarded by the International Monetary Fund to Japanese nationals currently pursuing or intending to pursue [...]

Stiglitz and His Discontent

In recent weeks, Joseph Stiglitz has repeatedly vocalized his take on the causes of the current financial crises. In a series of articles and appearances in Vanity Fair, MSNBC and Bloomberg (upon which this article is based), the former Nobel Prize winner has outlined 5 key mistakes that lead to global economic catastrophe.
Replacing Paul Volcker [...]

Leading Change in Politics – How the Liberal Party Can Win Again

The unprecedented and controversial series of events occurring in Ottawa continued most recently with internationally renowned academic turned Toronto politician, Michael Ignatieff, taking control of the Liberal Party of Canada. The former Harvard human rights professor and BBC television personality was named leader of the official opposition following a disastrous run at the helm by [...]

Meet Joe

President-Elect Obama has done a good job in assembling his “economic dream-team” so far: in addition to an already solid line-up from his campaign, including Austan Goolsbee and Jason Furman, Obama has named Tim Geithner, Larry Summers, Paul Volcker, Christina Romer and Melody Barnes to substantial positions.
Despite his successful, and largely moderate, appointments to both [...]