Paul Summerville • February 8, 2016

What I’m listening to.

Chant & Polyphony from Medieval England

Out of reach. (ed’s note: Geez, try London, or New York ...)

Globe and Mail -- Looking to buy a first home in Toronto? Good luck with that

In the city of Toronto, a couple with combined gross income of $120,000 can afford a house worth $657,563.


Paul Summerville • October 7, 2014

It’s all about balance. 

Paul Summerville • September 17, 2014
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.

Keep up with CEF!

User login

Login using social networks

Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

Twin Virtues

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 loses.

Feminism is about women living their lives on their own terms, marshalling the resources of the society to make that possible, and men embracing this as vital to a successful society and their own liberation.

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 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 that are good for society and the economy.

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.

Free trade is a wonderful thing. Time and time again economists have proven that free trade creates enormous wealth for each country 'on the whole'. Historians have shown that free trade is usually associated with rising political, social and cultural liberty. The perennial problem is that free trade always creates tremendous disruption for thousands even millions of individuals often concentrated in one geography, and where the state is idle, not investing in best in class instruments of social justice, free trade can be a permanent ticket out of the middle class, down, not up.

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.

It is possible to operate on two different levels: the practical, cautious and conservative; and the realm of ideas, open, free, and radical.