France

Paul Summerville • January 15, 2013

Commentary on the slow death of the two state solution, the perils of the sunk cost, how do you say smog in Mandarian, weak France, the importance of the sacred, and speaking of sacred hockey's new players in Canada.

Where is this going to lead? Thanks to Ken of Tokyo/Hong Kong.

Paul Summerville • January 11, 2013

Commentary on oil in Africa, the end of independent central banks, Mexico’s terrible lost war, how the game of Monopoly helped Allied prisoner of war escapees get home, some thoughts on the global economy in 2013, the French and the Russians, and why Idle No More has legs.

Ghana’s oil future, Norway or Nigeria?

Paul Summerville • December 5, 2012

Commentary on taking the fiscal plunge, Canada’s provincial nominee programme, Beveridge’s shadow, the danger of settling old scores, the French economy buckles, when will history happen, and the strong Canadian dollar's positive impact on the economy.

Go ahead, make my day.

Paul Summerville • October 17, 2012

Commentary on how inequality stifles economic growth, Canada’s record, and how not to get equal.

When too few get too much everybody ends up with less.

Paul Summerville • May 7, 2012

Commentary on the global economy, no more German-French love, killing Bin Laden, and holding on to the middle class.

Fixing the global economy.

Financial Times -- A new way of thinking about the global machine
It is useful to think of the global economy as one dynamic and complex machine.

Related.

Paul Summerville • May 4, 2012

Commentary on need for France to change direction, the myth of America’s accidental empire, Europe’s confidence deficit, the gap between productivity and compensation, and the two-state solution is dead.

What cannot continue cannot.

Financial Times -- Stop fretting about a French revolution
France’s presidential election has offered a glimpse of Europe in revolutionary mood.

Paul Summerville • May 1, 2012

Commentary on the Obama Osama ad, Airbus side stick design fault, Conrad’s coming home, South African worries, France’s silent economic decline, why the Germans stopped hating Jews, and how to fix the lack of powerful women in Canada.

He said, he said.

Paul Summerville • May 1, 2012

Commentary on investment research, shaky Asia, education intergenerational mobility, France’s citizen king, and the decline of Canada's Parliament.

Morgan Stanley’s OVERWEIGHT on Lehman Brothers 60 days before it went bankrupt.

Pdf below -- Lehman Brothers Bruised Not Broken

Why the economic crisis that started in the housing market in the United States, is passing through Europe, will end up in Asia.

Paul Summerville • April 27, 2012

Commentary on the great growing global middle class, getting older, France accelerates towards a socialist abyss, the slow drip of Thatcherism, ThickAsABrick2.0, and the Prime Minister's silly cats.

The rise of the middle class.

Financial Times -- The great middle class power grab
I keep stumbling across unswerving predictions that the future belongs to China.

Related.

Paul Summerville • April 25, 2012

Commentary on free speech, France, picking great basketball players, monopoly capitalism, and absurb public sector rules.

Picking for you.

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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.