Greece

Paul Summerville • février 1, 2013

Commentary on Britain in Palestine, the smoke over Athens, And God created the world in six days, US GDP deconstructed, the Nordic model, when your values clash with your company, and the lesson of Ontario’s female, lesbian, grandmother Premier.

Pining for the old Mandate days.

Paul Summerville • octobre 20, 2012

Commentary on fun with facts, immigration mistake, central bank worries, goner Greece, and inequality.

Romney and Ryan play wac-a-stat.

Business Week -- The War Over Economic Facts
Lies filled the Long Island air on Oct. 16 at the second debate between President Barack Obama and Republican challenger Mitt Romney.

Evidence.

Paul Summerville • octobre 11, 2012

Commentary on the history of public debt, the problem with central banks and austerity, Russian rabbit hole, Germany bends, and David's economics.

With central banks long entered into new monetary no-person’s lands, a call for fiscal expansion despite high debt levels.

Paul Summerville • août 15, 2012

Commentary on getting more international students to Canada, the helping hand, and Greek’s little revenge on Germany.

While on the surface a really good idea, absent strategies to reduce undergraduate class sizes this looks like a cash cow given the difference in tuitions for international students. Also the strategy needs to be part of an aggressive immigration strategy that gives permanent resident to graduates.

Paul Summerville • juillet 23, 2012

Commentary on the shift in manufacturing away from low wage to high technology countries, the sport of politics, let Greece go, rethinking retirement, and Canadian consumers go very long car loans.

It’s about the robots and other things.

Foreign Policy -- The Future of Manufacturing Is in America, Not China
How new technology is driving a U.S. industrial comeback.

Related.

Paul Summerville • juin 28, 2012

Commentary on the problem with central banking, economic masochism, the death of Greece, and the IRS cometh.

Leave the ‘supply side’ alone.

Economist -- The twilight of the central banker
THE Bank for International Settlements is known as the central bank to central banks.

 

Pdf below -- BIS 82nd Annual Report

Related.

Paul Summerville • juin 16, 2012

Commentary on the responsibilities of democracy, Facebook’s attempt to map human behavior, the case for Fed easing, Arctic’s hidden treasures, the great Bieber contagion, and the Liberals only chance.

How Greece got swallowed by its own invention.

Paul Summerville • mai 28, 2012

Commentary on English (the language), why economies stop growing, Germany’s tough love, nothing’s free, on being a famous economist, and managing the cost of new medical technologies.

The controversial history of English.

Paul Summerville • mai 25, 2012

Commentary on Krugman’s old ideas, Greece’s return to the drachma, Facebook to swampland, China’s next phase, Germany’s hit export, and who’s entitled.

Jeremy Warner warns about Krugman’s plea to spend.

Paul Summerville • mai 21, 2012

Commentary on Chinese bourgeois rulers, the relationship between Saudi Arabia and Turkey, why US 10-year bond yields can go to 1%, why free trade creates inequality for just a while, and our Queen.

Will the control of the economy by the state spark a revolution in China? (ed’s note – those deeply entrenched vested interests)

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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.