Public Transit

Smart Links 19 May 2012
Paul Summerville • May 18, 2012

Commentary on the profits in copying, comparative capitalism, the rise and fall of unions, free trade negotiations, public transit in 20 different  cities, Greece to leave soon, and the case for 100 million Canadians.

Important article that reminds us that there is much profit in copying and adapting.

Economist -- Pretty profitable parrots
For businesses, being good at copying is at least as important as being innovative.

Not all economies are created equal.

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Smart Links 05 July 2011
Paul Summerville • July 5, 2011

Articles on risks to internet freedom, Russia’s evolving leadership, America’s investment gap, the debt crisis reveals that political systems are broken in the US and Europe, rare earth mineral find, the environment and autism, booming Brazil, Bombardier shuts down in Derby, Thailand’s Yingluck Shinawatra, a QEII report card, and Toronto’s subway politics.

Fears about internet freedom. Thanks to David of London.

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World
Smart Links -- Gridlock Nation, Far* East Movement, Kids Are All Right, More QE2, Busted, Palestine, Apple Sucks, Subways
Paul Summerville • October 29, 2010

Paul Krugman

Barring a huge upset, Republicans will take control of at least one house of Congress next week. How worried should we be by that prospect?   http://www.nytimes.com/2010/10/29/opinion/29krugman.html?_r=2&ref=global

Martin Wolf 

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World
Gridlock Nation, Far* East Movement, Kids Are All Right, More QE2, Busted, Palestine, Apple Sucks, Subways, Cheese, Sgt. Alan
Paul Summerville • October 29, 2010

The American political system was founded on the idea of checks and balances.

Presidential power checked by Congress, the House of Representatives checked by the Senate, Congress checked by the Supreme Court, the Supreme Court checked by the Constitution.

Navigating policy always required the political parties to find accommodation but when they couldn't or wouldn't there is no mechanism to get things done.

Welcome to gridlock nation.

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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.