Liberty

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 • mai 14, 2011

In recent speeches we have been underlying the importance of species altering demographic trends.

These include falling fertility rates, more people reaching the age of 65 living to 95, and distorted male-female imbalances due to the practice of aborting female fetuses and female infanticide.

This is changing the shape of the global population.

Paul Summerville • avril 30, 2011

In what seems like an attempt to discredit surging Jack Layton the Globe and Mail published a 'blog' article claiming that the NDP might end the independence of the Bank of Canada by interfering with its decision-making.

This ‘architecture’ attack – aiming at a building block of the country – to try to derail a surging candidate just before the vote did not deserve to be in the paper without a chance for the target to respond before it was published.

Paul Summerville • avril 6, 2011

One of the biggest differences between private and public golf courses is the surprising number of perfectly good tees that litter the tee boxes of the former while completely absent in the latter presumably because you have to pay for them at public courses.

This makes us think that the price mechanism that Paul Ryan wants to introduce to America’s Medicaid programme is not completely without merit.

Paul Summerville • mars 14, 2011

With thousands of bodies being brought in with the tide, reports that 17 members of the US ship Ronald Reagan have been found with radioactive particles, another nuclear power plant explosion, and the Nikkei sliding 6%, the news from Japan is truly like a late night television black and white sci-fi thriller that used to scare 1950s audiences.

And it's not over.

Paul Summerville • mars 6, 2011

Recalling that the stock market is a discounting mechanism of future earnings, it should come as no surprise that booming economies are not consistent with rising equity prices.

How come?

Mostly because the market has already discounted the economy you find yourself in.

It is already in the price.

Also articles on the vital role of innovation in capitalism, the failure of economics, Israel’s newest challenge, why Canada should recognize Libya’s provisional government, Canadian innumeracy, and dirty words in good magazines.

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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.