North Africa

Paul Summerville • April 26, 2011

Articles that praise and bury the monarchy, America’s second thoughts about leaving Iraq, Garth Turner’s take on Jack Layton, the case for lower corporate taxes, on empathy, why the Arab uprising has legs, frightful discussion of European fiscal crisis, and why the commodity boom has hurt Canada.

Paul Summerville • April 5, 2011

Like a frog that will sit in a pan of water that slowly comes to boil and will not jump out to save itself, investors may want remember the extraordinarily benevolent conditions that central banks have put in place since March 2009 and consider what happens when they end; Bianco and Rogoff help us with just that.

Paul Summerville • March 31, 2011

Our case for including the Green Party in the official leader's debates with pro and con articles, also various types of fallout from the disaster in Japan, link to a charity art auction for Japan in the Big London, useful primers on taxation in the OECD countries, the Libyan quagmire, Bill Gross's very serious warning about US debt, and Warren Buffet's warning about American democracy.

The 'will they or won’t they' let Elizabeth May join the leader’s debate has flared up again.

Paul Summerville • March 16, 2011

Japan’s $2 trillion in overseas assets and the long standing authoritarian governments in the Middle East which guarantee security of oil supply priced in US dollars to the high income countries are both in the crosshairs of the earthquake-tsunami-meltdown and Islamic civil war.

Paul Summerville • February 22, 2011

While interesting parts of the world try to shake off deeply entrenched authoritarian leaders – every democracy has done it  – the developed world is having to confront the reality that the science of good health risks bankrupting them because of rising life expectancy at both ends of the life, tremendous advances in health technology, and most importantly, the belief that staying alive is the only good option.

Articles on how this dilemma is being dealt with in the United States, and thoughts about ageing in Canada.

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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.