Paul Summerville • janvier 31, 2013

Commentary on the great wolf extermination, who has the stomach to raise taxes and cut spending, Japan examined, a summary of the history of ‘Indian’ removal in the United States, cashing out on bad weather, wonderful Manet, Japan’s blindness, and seven years on.

Human beings are great at stuff they put their minds to.

Paul Summerville • janvier 12, 2013

Commentary on an important squiggle, fatter world, the coin, the Japanese monetary and fiscal Rubicon, a bi-polar world, the tax man cometh, not ideal, and the great Victoria real estate double squeeze.

The end of the signature.

Telegraph -- Handwriting? It’s a currency that’s devalued
The new US treasury chief isn’t alone. I’ll give you a dollar if you can write your name clearly.

Paul Summerville • janvier 9, 2013

Commentary on India’s 100% club, cutting upper middle class child support, peeling back the layers of welfare, Japan ups defence spending, and not idle about revenue sharing.

The 100% club and you only need to be female to be a member.

Paul Summerville • décembre 31, 2012

Commentary on cool 2012 numbers, Nate’s numbers, Abe’s monetary delusion, and two mentors pass away in 2012.

The FT sums up the year in numbers.

Financial Times -- 2012 by numbers
From supersize national debts to subatomic particles to a sound barrier-busting free fall, we round up the year's stand out statistics.

How Nate nailed it.

Paul Summerville • décembre 27, 2012

Commentary on 10 extreme weather events in 2012, the private lives of elephants, Lincoln the movie, evolving human beings, what’s at stake in Japan, and personifying pipelines.

Has the conversation really changed?

Paul Summerville • décembre 21, 2012

Commentary on the world according to charts, is America’s moral compass broken, why austerity is killing the British economy, the Spanish case, why economic liberalism still works, and Tom’s first year.

Useful chart packages of the best 2012 charts. Hat tip Macquarie.

Business Insider -- Wall Street's Biggest Geniuses Reveal Their Favorite Charts Of 2012
There's no better way to understand the world than with charts.

Paul Summerville • décembre 20, 2012

Editor's note -- if the world does end according to the Mayan calendar you may be able to re-register to www.excellentfuture.ca from the new Earth-like plant recently discovered just 12 light years away.

Commentary on the discovery of an earth-like planet in our galactic neighbourhood, elected for opinion not colour, did the US economy fall into recession in November, Japan’s latest pop craze, and the niqab on the witness stand.


Only 12 light years away and cheap real estate to boot.

Paul Summerville • décembre 18, 2012

Commentary on more of the same in the bond market, PIMCO’s el-Erian on investing in 2013, our economic challenges are structural not demand, people the Japanese printing presses, America’s in a recession right now, Obama’s victory, and the Tories would win even with NDP-Liberal alliance.

If we could only know when it blows up.

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 12, 2012

Commentary on lessons from Japan, lessons from Europe, an older world, which way the Shanghai index, messaging is why gay marriage won, Google taxes, and the opening that Harper's muddled economic policy has given the Liberal Party.

What Europe can learn from Japan …

Financial Times -- Japan should scare the Eurozone
Europe risks replicating Japan’s lost decades

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.