Bank of Canada

Smart Links -- 30 April 2011
Paul Summerville • avril 30, 2011

Globe and Mail – Layton Should Stay Clear of Monetary Policy

Wall Street Journal -- It's Getting Harder to Bring Home the Bacon

Read full story | 
Smearing Jack?, Food Fuel, Debt Debt Debt, Fed’s Inflation Gamble, Black Mormon, Not in Britain, Nutty Ambition, First Punch
Paul Summerville • avril 30, 2011

In what seems like an attempt to discredit surging Jack Layton the Globe and Mail published a 'blog' article claiming that the NDP might end the independence of the Bank of Canada by interfering with its decision-making.

This ‘architecture’ attack – aiming at a building block of the country – to try to derail a surging candidate just before the vote did not deserve to be in the paper without a chance for the target to respond before it was published.

Read full story | 
World
Turkish Delight, Rule of Law Not Men, Lehman's Shadow, Rewriting History, Renminbi Blues, New Unemployables, Voices
Paul Summerville • septembre 14, 2010

What could possibly be wrong with constitutional changes that firmly puts the military under civilian control? For some, if that civilian control has deep Islamic roots, and the military has been equated with secularisation.

For us, and most balanced Western commentary however, the news that voters in Turkey gave strong backing to a package of changes to the country's military-era constitution was greeted warmly particularly since it moved Turkey's constitution closer to what would be required to join the EC.

Turkish delight.

Read full story | 

Keep up with CEF!

Join Us Follow Us Subscribe

Connexion utilisateur

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.