Cyber War

Smart Links 03 June 2012
Paul Summerville • June 2, 2012

Commentary on the panic trade to bonds, right employees hard to find, Obama’s cyber war, and Rex weighs in on the death of the Liberal Party of Canada.

The combination of all the structural problems in the global economy’s biggest economies all coming to a head at the same time has pushed bond yields down to abnormal levels.

 

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World
Cheating, Richer and Poorer, More Cyber War, Excellent Futures, 104 Days, Taxes, A Big Bill, A Great Champion's Golf Swing
Paul Summerville • October 5, 2010

Against all the free market theories of the last 30 years it was the regulated financial markets that fared much better than the unregulated, why?

Twinning 19th century German philosopher Georg Hegel with the Israeli expert on cheating Dan Ariely provides some interesting answers that mirror comments we made on Steve Paikin's episode 'Moral Hazard'.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.
 
The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.
 
When too few get too much everybody ends up with less.
 
Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?
 
Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.
 
My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.
 
Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.
 
Public policy should be designed to decrease inequality before the law and increase equality of opportunity.
 
Capitalism is not the problem; the problem is what we do with capitalism.
 
Content is always more difficult to argue than conspiracy.
 
Let the state regulate and the market operate (most things).
 
Welfare strategies are best designed as a hand up not as a hand out.
 
Political debate should not be fact free fighting.
 
Explanation lasts longer than eloquence.
 
Always favour empowerment over dependency.
 
The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.
 
Find your voice and don't be the echo of somebody else.