Inequality

Paul Summerville • September 8, 2012

I lived in Boston from March 2007 until February 2009. I arrived at the absolute peak of the housing and consumption bubble and left a few weeks before the S&P began its great bull run that sadly has not fed into the economy.

When I first arrived I was anxious to find a golf course to join but was told at all the private clubs that I needed a long list of members to introduce me, one club even advising me to 'move into the neighbourhood and apply after 5 years or so'.

Paul Summerville • June 11, 2012

Commentary on inequality’s dangers, a different path, what if China accepted immigrants, Japan`s `Western` citizens, economic sabotage, more China slowdown proof, Israel at risk, and the Liberals need to say what needs to be said.

‘Of the 1%, for the 1%, by the 1%’.

Paul Summerville • June 10, 2012

Commentary on India’s stalled economy, the physics philosophy debate, the great British 60 year contrast, slowly Europe federates, why Michael Bloomberg is mean, and the incredible lightness of politicians.

Why India has slowed. (ed’s note – actually persistent levels of illiteracy are more important particularly for women).

Paul Summerville • June 7, 2012

Commentary on the sources and consequences of inequality, the shocking impact of unintended consequences, 50 ways to leave your lover, the little island row between Japan and China, and unions in Saskatchewan.

The inequality debate.

Bloomberg – Income Inequality: What`s Wrong With It?
Joseph Stiglitz versus Edward Conrad.

Paul Summerville • June 5, 2012

Commentary on 32 innovations, why the panic bond trade is underway, heading back downtown, touching up Tiananmen and Canadian inequality.

A great list of potential innovations that could make your life better.

New York Times – 32 Innovations That Will Change Your Tomorrow
The electric light was a failure.

It’s a cruel, cruel world.

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 • April 24, 2012

Commentary on cutting a free trade deal with Japan, Project Syndicate’s inequality posts, Europe’s failed austerity plan, trouble in China, American energy independence, and Alberta surprises itself.

Fuji Arts -- The Moon's Inner Vision by Yoshitoshi (1839 - 1892)

Brian Mulroney’s free trade guru Professor Charley McMillan argues the time has come for a deal with Japan.

Paul Summerville • April 18, 2012

Commentary on Sweden’s excellent finance minister, Spanish woes, Japanese engineers working in China, thoughts on China, America`s tax maze, inequality in America, and Canada`s white skinned judges.

Balancing the economy and social justice with good economics. Thanks to David of London.

Paul Summerville • December 23, 2011

Commentary on the American Empire, outlook for 2012, the year in volcanoes, Ignatieff on American inequality, North Korean black hole, class warfare, and Paul Martin's crusade.

An essay on America’s imperial future.

Pdf below – The Unintended Empire

2012 outlook.

Paul Summerville • October 30, 2011

Commentary on the Euro bailout plan, Conrad Black gets the protesters, bouncing, inequality deniers, and a global comparison of intergenerational mobility.

If not the Chinese what about aliens?  Thanks to David of London.

Guardian -- Euro bailout - an animated explanation
Are you confused about what the Euro bailout actually is? So were we! Tom Meltzer tries to explain with the help of his animated friends.

Related.

Keep up with CEF!

User login

Login using social networks

Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

LimeSpot: Own Your Experience.

Leveraging Social Networks for Profit.
 
Marrying the product portfolio of brand name firms with the personal profile information on Facebook.
 
The LimeSpot enabled revolutionary new sales channel.
 
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.