Paul Summerville • mars 6, 2013

Commentary on energy in America, Japan’s risky road, who should get benefits, and the elite speaks.

There is more at stake than just the XL Pipeline at stake.

Economist -- Better out than in
If Barack Obama wants a cleaner world and a richer America, he should allow natural-gas exports.

Is deflation a structural or monetary phenomena?

Paul Summerville • mars 5, 2013

Commentary on record breaking corporate profits, sticks and stones, countdown to suicide, population density, why same sex marriage is founded on conservative values, Ireland’s perilous recovery, and another advocate for a guaranteed annual income.

Good analysis, silly premise. (ed’s note – how exactly do corporate profits ‘eat up’ an economy?)

Paul Summerville • mars 4, 2013

Commentary on the importance of income inequality, the alcohol taboo, the Johnson-Kennedy hate on, no more Britannica, and scandals engulf Canada.

Reaching for the stars.

Paul Summerville • mars 2, 2013

Commentary on cruel punishment, the real world, the non-Pope, thoughts on modern Russia, 47 hours on a train, and dumb Duffy.

The ECB still doesn’t get it as prices fall and unemployment rises.

Paul Summerville • mars 1, 2013

Commentary on Winston’s archives, PIMCO’s latest monthly missive, America’s debt problem, thinking about the i-economy, climate change graphics, can the BoJ do it, and Quebec’s language wars making strange bedfellows.

The great man’s stuff. Thanks to David of London.

Paul Summerville • février 28, 2013

Commentary on Syria’s terrible disintegration, helping out, the Turks and Kurds inch toward peace, saving the GOP, Italy’s bad election, the global economy in 2050, Paris in 1900, and the change in work.

Syria collapses.

Economist -- The country formerly known as Syria
As sectarian divisions deepen, the war is changing the country beyond recognition.

Tippy toeing in.

Paul Summerville • février 27, 2013

Commentary on the over emphasis on a university degree, disruption, US housing recovered, who really looks at internet advertising, ending the water drought, austerity kills the patient, and seven years on.

Modest suggestion.

Harvard Business Review -- Stop Requiring College Degrees
If you're an employer, there are lots of signals about a young person's suitability for the job you're offering.


Paul Summerville • février 26, 2013

Commentary on Japan’s population decline, worthless coins, heading towards legal cannabis, poverty before capitalism, sentimental equity investing, and political reform in Canada.

Some strange thoughts.

Paul Summerville • février 25, 2013

Commentary on Google Glass, 33 for 52, Jimmy and the Shah, don’t fear capitalism is safe, the next revolution will start in Shanghai, fewer is better, and falling love with Stephen.

The next thing you gotta have.

Google Glass

Argo puts a spotlight on what life was like for the 52 freed hostages 33 years later.

Paul Summerville • février 24, 2013

Commentary on Canada’s savings and pension debate.

This past week two prominent financial firm CEOs waded into the ‘Canadian savings crisis’ debate.

Keep up with CEF!

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©


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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, marshaling 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.

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.