Economists

Paul Summerville • octobre 26, 2011

Commentary on 7 billion human beings and rising, what makes Mitt Romney tick, the heart of the matter, economists telling tall tales, Angela’s smirk, China’s easy money consequences, Indian capitalism, and the science of crime casts a harsh light on Conservative crime plans.

The human species is 7 billion strong and rising. Put your birthday into this link and see how many fellow human beings were on the earth when you were born.

Paul Summerville • juin 28, 2011

Articles on how to buy a kidney or liver on-line, the lessons from Sweden’s excellent recovery, where the global economy sits today, why economists aren’t great at calling markets, on accepting bad golf, electronic love lives, thinking about Canada’s 150th birthday in 2017, and Canada’s innovation gap.

How to buy an organ on-line.

Paul Summerville • mai 11, 2011

Things that aren’t sustainable don’t continue.

The trick is figuring when they stop being unsustainable and how much damage they will cause."

Martin Wolf (and others) argue that Greek debt is unsustainable and dangerous.

A great hip hop video on the debate between uber-economists Keynes and Hayek, and articles on smart immigration policy, on how to manage the Pakistan problem, religious hatreds, saving cafeteria food, and the ultimate Bond.

Keep up with CEF!

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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.