New UWO Ivey Business School Building

The new Ivey Building is a stunning design with ample spaces, compelling curves and bold finishings. But this ’78 MBA would love to have pictures of the old greystone of many days and nights of class together. If anyone has pictures of old Ivy interior and exterior they would be welcomed at

I shall then create a fullscreen slider showing the transition from the old to new buildings  with the any other images and stories added to the News and Views page. 


Reserved Space for Section 4 Forays

Good Stories

 Good Stories will feature that – stories being seen, read or written by Section 4 classmates that are worthy of broader attention.  Here are some examples:

Digna Hiel recommended the book When Nietzche Wept – A Tale of Obsession by Irvin Yalom 

The chimes of San Salvatore broke into Josef Breuer’s attention. He tugged his heavy gold watch from his waistcoat pocket. Nine O’Clock. Once again, he read the small silver bordered card he had received the day before.

21 October 1882
Doctor Breuer
I must see you on a matter of great urgency. The future of German philosophy hangs in the balance. Meet me at nine tomorrow morning at  Cafe Sorrento.
Lou Salome’

An impertinent note. Nobody had addressed him so brashly in years. He knew of no Lou Salome. No address on the envelope. No way to tell this person that nine o’clock was not convenient, that Frau Breuer would not be pleased to breakfast alone, that Dr Breuer was on vacation , that “matters of urgency ” had no interest for him – indeed that Dr Breuer had come to Venice to get away from matters of urgency.

Yet here he was , at the Cafe Sorrento, at nine o’clock…..

By golly, delicious intrigue and intellectual curiosity brewed up in the first few paragraphs.

Jeffery Hertz raised the question whether political correctness in the press and on campus was stifling vigorous debate. Ye Editor was found dumb on the topic but not the Economist. Here is an excerpt of the winning Economist Open Society essay on the very topic:

“Drunk on virtue.” Thus did Lionel Shriver, an American author, damn a commitment made by the British arm of Penguin Random House, a publisher, that “its new hires and the books it acquires reflect UK society by 2025.” A conscious effort to ensure diversity is, says Ms Shriver, wholly incompatible with the publisher’s raison d’être of acquiring and publishing good works of literature. If an agent were to receive a manuscript from a “gay transgender Caribbean who dropped out of school at seven and powers around town on a mobility scooter” it would be published, even if its quality were execrable, warned Ms Shriver. Her screed suggests that the unthinking application of political correctness (PC), in this case in the form of a diversity target, will threaten liberal, Western culture and produce small-minded individuals. Like some of Ms Shriver’s previous interventions on this topic, this one was met with outrage online, with thousands of tweets and column-inches devoted to criticising the author.
Welcome to the culture wars. Welcome to “political correctness gone too far”.

The notion that political correctness has “gone mad” is familiar to anyone who follows even vaguely any aspect of modern political or cultural life. The phrase, ostensibly referring to language or action that is designed to avoid offence or harm to protected groups, has become a sharp criticism. It is synonymous with a sort of cultural McCarthyism, usually committed by the left…..

Jeffery has underlined, like in Section 4 Business Case Classes, a topic of delicate concern.

Michael Sprung is a voracious reader. Perhaps you have gotten one or more of his email recommendations. Here is one from the NYTimes:

Why Our Beliefs Don’t Predict Much About the Economy

CreditHanna Barczyk

By Robert J. Shiller 

The more we learn about how people really think, the more we must rethink economic theory.

Changes in fundamental beliefs play a major role in the fluctuations of the economy. That’s the implication of two fascinating new studies that show how people systematically change their beliefs in thinking about the financial future. At the moment, the knowledge that economists have accumulated about this subject suggests that we should have a high degree of humility — not only in forecasting where we are going, but in describing where we have been.

In a 2018 paper, Julian Kozlowski of the Federal Reserve Bank of St. Louis, Laura Veldkamp of Columbia University and Venky Venkateswaran of New York University attribute some of the economic pain that occurred after the 2008 financial crisis to a change in beliefs that may still be playing a role 10 years later.

Before financial tremors began to be felt in 2006, practically no one viewed a crisis of the magnitude of the Great Depression as being remotely possible, these authors say. The financial crisis changed that perspective, and people have continued to worry about this newly discovered threat, with the result that risk-taking has been inhibited and government-controlled interest rates — so-called riskless rates — have remained relatively low.

The scholars show that after an outlier event like the 2008 financial crisis occurs, standard statistical techniques show a sudden and persistent increase in the probability that such an event will occur again…..

 This sounds like the overcompensation cited by Kahneman and Tversky in their groundbreaking work on Decision Heuristics

 News & Views

As you might expect News and Views will be a blog about news and images conjured up about Sction 4 activities. Hopefully, It will be written and updated by Section 4 classmate who will have password access to the WordPress blog. Okay it is easy – just like editing a Word file. To start off we have some images from the Thursday Meetup:

As you can see I have supplemented the Class images with a look at the contemporary foliage in Westend Toronto, High Park and Humber River Valley. But as you supply more large images and stories, this will become a fun place to visit.

2023 Meetup of '78 Section 4 MBAs

Head Planners

Don Carr and John Haito did a great job on 40th. Are they ready to do a reprise?


  • Lake Ontario Boat Tour
  • Stratford Festival and tour of new UWO Campus
  • The Henry Hudek Manitoba tour

Leave a Comment

Your email address will not be published. Required fields are marked *