Unions

Paul Summerville • February 2, 2013

Commentary on unions in the US and Canada, talking politics, abortion debate in the US and Canada divides, interest rates low markets go high, very old art, and Ignatieff on the perils of the concentration of power.

It’s different up here.

Bloomberg -- The Real Reason for the Decline of American Unions
Today, the Bureau of Labor Statistics released its annual summary of unionization in the U.S.

Paul Summerville • December 15, 2012

Commentary on printing money, differing points of view on Mervyn King, the battle against unions, chatting about religion, Japan’s 94 year old candidate, and fishing with Mark.

Printing money until the end of time.

Paul Summerville • June 12, 2012

Commentary on the mistaken belief that bonds are safe, problem with economics, as unions decline inequality deepens, Cameron moves away from Europe, more confusion in India, education revolution in Britain, and the LA Kings win the cup.

Sell bonds, buy equities.

Paul Summerville • June 8, 2012

Commentary on the Wisconsin recall vote, public versus private sector unions, divergent state economies in the US, Brittan on Krugman, cracks in BriCs, and Bob’s third try.

The Walker recall election has brought unions into focus.

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 • 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.

Paul Summerville • March 24, 2012

Commentary on women in politics, Britain’s budget, the big shift in US foreign policy, on being US Secretary of State, how women are doing, Venice is disappearing, and Canadian unions are in trouble.

Much more than Sarah.

Financial Times -- The Achilles heel of women in politics
“Game Change” , a TV docu-drama centred on Sarah Palin, raises many questions about female political power in America.

Paul Summerville • February 25, 2011

Lately I have been talking to NDP leadership candidate John Horgan about the economy.

A thoughtful student of globalisation, and tremendously knowledgeable of the BC economy, we explored the question of doubling the province’s agricultural output in the next 10 years in a way that is consistent with a sustainable economy and environment.

With the world’s population set to rise by 2.5 billion people in the next 40 years, the majority at the province’s Pacific doorstep, retrofitting agriculture for the 21st century is an opportunity of tremendous scale.

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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.