Paul Summerville • mars 9, 2013

Commentary on the eureka moment, cutting a deal with Iran, the struggle for democracy in Iran, the Muslim brotherhood loses its appeal, take your oil and shove it, different days, and Canada’s thought police.

Rewarding genius.

Financial Times -- Those eureka ideas
Life science prize is welcome but could be more ambitious.

More for more.

Paul Summerville • décembre 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 • décembre 6, 2012

Commentary on kicking Mitt, countries headed in different directions still may end up colliding, America’s potential growth rate slows, Irish charm, Morsi’s misstep, tips on learning Japanese, and conflict in the House.

What the 47% really means about the GOP.

Paul Summerville • novembre 30, 2012

Commentary on Middle East oil consumption, the brave new world of capital preservation, Americans pay less tax today than in 1980, Egypt back to an Iranian future, the pigeons are coming home to roost in Japan, geographical distance and technological diffusion, and the Liberal leadership race should be about what exactly.

Generous fuel subsidies are resulting in a surprising trend in the Middle East, on the road to being oil importers.

Paul Summerville • octobre 28, 2012

Commentary on women in the new Egypt, making it in America, how Sweden gets it right and America wrong, Europe’s lost decade, the very nasty problem at the BBC, and a critique of the court.

Where will women be allowed to thrive in the new Egypt.

Financial Times -- The Muslim sisterhood
Behind the scenes and on the street women are now stepping out of the shadows and emerging as a vital political force in Egypt.

Paul Summerville • juillet 1, 2012

Commentary on how the right to tax saved ObamaCare and Social Security, Egypt’s waiting game, health care game changer, and Canada sans Quebec.

History speaks.

Daily Beast -- The 1934 Dinner Party That May Have Helped Save Obamacare
When FDR created Social Security, his labor secretary feared the court would reject it—until a justice told her over dinner that framing it as a tax could save it.

Paul Summerville • septembre 5, 2011

Articles on the Euro, South Africa’s lost promise, America’s bankrupt postal service, and Egypt-Israel relations post-Mubarak.

The worst is yet to come because economic growth has stopped.

Financial Times – The Worst of the Euro Crisis is Yet to Come
The most disturbing aspect about the eurozone right now is that every crisis resolution strategy depends on a moderately strong economic recovery.

Paul Summerville • août 5, 2011

Articles on rebuilding Japan, why Turkey’s political model is not for export, rethinking economics, #gfc, the Italy and Spain squeeze, why more immigration is better for Canada, and living to 100.

Can the rebuilding of the tsunami devastated parts of Japan bring an end to twenty-one years of malaise and decline? (ed’s note – no it can’t)

Paul Summerville • juillet 30, 2011

Articles on the US debt ceiling, Japan’s next spending plan, patents and train accidents in China, Egypt’s revolution, and Jack Layton's cancer.

A reminder of how low taxes are in the United States. (ed’s note – has become?)

Globe and Mail – US: In A State of Denial over Taxes?
Tax has become a dirty word in the U.S. debt crisis debate.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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, marshalling 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.

Free trade is a wonderful thing. Time and time again economists have proven that free trade creates enormous wealth for each country 'on the whole'. Historians have shown that free trade is usually associated with rising political, social and cultural liberty. The perennial problem is that free trade always creates tremendous disruption for thousands even millions of individuals often concentrated in one geography, and where the state is idle, not investing in best in class instruments of social justice, free trade can be a permanent ticket out of the middle class, down, not up.

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.