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The Agenda with Steve Paikin: Paul Summerville: The West's Excellent Future

 

 What of "Civilization"? University of Victoria economist Paul Summerville on Niall Ferguson's new book "Civilization," and the latest fiscal crisis in the European Union.

The Financial Crisis Hangover

Digging out of the rubble of The Great Recession: inflation is high in the developing world, growth is stagnant in the developed world, and oil and food prices continue to rise. The search for a global financial balance after the crash continues.

And the web exclusive taped just after.

The Economist That Ran For the NDP

Moving Capital

As financial products have become increasingly complicated, what are the benefits and risks of these technologically driven financial innovations?

Currency Market

The loonie soars one day, then nosedives the next. What currency markets tell us about the health of the world's economy.

The Case for Market Speculation

Risk is bad, right? Why speculation is a fundamental driver of economic success.

Government and Regulation

What governments need to do in order to establish the parameters for economic success. Paul Summerville on The Agenda with Steve Palkin.

Moral Hazard

Why bailing out businesses and individuals is killing our economy and the incentives that need to change to avoid this moral hazard.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

To read the book proposal please click on 'About The Book' on the menu bar at the top of the page.

Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.

Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise sustainable economic growth and fund best in class instruments of social justice.

Public policy should never be designed to decrease inequality but should always be designed to increase equality.

Let the state regulate and the market operate (most things).

Welfare strategies are best designed as a hand up not as a hand out.

Find your voice and don't be the echo of somebody else.