Take 15 Series Interview Recorded 25 Mar 2020
Panics and Pandemics: What We Can Learn from the Past
Pandemic panic has engulfed financial markets. In this timely and wide-ranging extended episode, financial economist Robert F. Bruner, co-author of The Panic of 1907: Lessons Learned from the Market's Perfect Storm, discusses the 1907 panic, what the Spanish Flu can teach us about the Novel Coronavirus (COVID-19) crisis, facts versus fiction when it comes to financial crises, how investors can identify signs of recovery, and leadership lessons in times of crisis.
The Take 15 Series is a collection of illuminating, short conversations with noted economists, best-selling authors, leading researchers, and successful practitioners on topics ranging from geopolitics and whistleblowing to irrationality and outlooks
About the Speaker(s)
Robert Bruner is a university professor at the University of Virginia and Distinguished Professor of Business Administration and Dean Emeritus of the Darden School of Business. He has also held visiting appointments at Harvard University and Columbia University in the United States, INSEAD in France, and IESE in Spain. He is the author, co-author, or editor of more than 20 books on finance, management, and teaching. A faculty member since 1982 and winner of leading teaching awards at the University of Virginia and within the Commonwealth of Virginia, he teaches and conducts research in finance and management. As a financial economist, he is best known for his research on mergers and acquisitions, corporate finance, and financial panics. He is the author and co-author of over 300 teaching case studies and of Case Studies in Finance, now in its eighth edition. His book The Panic of 1907 (co-authored with Sean Carr) commenced his current area of research, the causes and consequences of financial crises. As dean of the Darden School from 2005 to 2015, he chartered or led a series of initiatives that revised Darden’s curriculum and program offerings, raised the profile of admitted students, hired a new generation of faculty and staff, improved the diversity of the Darden community, raised over $165 million in new funds, and saw Darden’s rankings rise to the Top 10 of U.S. schools. From 2007 to 2009, he served as a member of the board of directors of the Graduate Management Admission Council, which administers the GMAT entrance exam for business schools. And, from 2009 to 2011, he chaired the board of the Consortium for Graduate Study in Management, an alliance of leading American business schools and top corporations in the U.S. that aims to enhance diversity in business education and leadership. He has served on the boards of various nonprofit organizations, including the Darden School Foundation and two for-profit corporations. In 2012, Poets & Quants and CNNMoney/Fortune named him “Dean of the Year.”