Smart Links 15 May 2012
Commentary on Grexit, frequent flying, evolution takes time, man on the run, on literature, and Liberals.
Financial Times -- Eurozone: If Greece goes ...
With an exit looking possible, policymakers and investors are shifting focus to the consequences.
Financial Times -- Default now or default later?
What would constitute an economically rational choice for Greece, given the economic and political situation? I see four options, each of which is fraught with uncertainty.
The American Airlines lifetime first class pass and the people that (ab)used it.
Los Angeles Times -- The frequent fliers who flew too much
Many years after selling lifetime passes for unlimited first-class travel, American Airlines began scrutinizing the costs — and the customers.
Fag, Homo, Bohunk etc. etc.
Financial Times -- The moral majority is in headlong retreat
Annise Parker, Houston’s openly lesbian mayor, spoke for many this year when she wished President Barack Obama’s stance on gay issues would “evolve a bit faster”.
The 40 year pursuit.
GQ -- Uncatchable
George Wright, America's most elusive fugitive, ran for forty years. He ran from the cops after escaping from prison. He ran from the feds after the most brazen hijacking in history. He ran from the authorities on three continents, hiding out and blending in wherever he went. It was a historic run—and now that it's over, he might just pull off the greatest escape of all.
A novel isn’t life.
New York Review of Books -- Fear and Literature
Is the novel a space of intense engagement with the world, of risk and adventure? Or is it a place of refuge, of hanging back from life?
Thoughts on the Liberal Party of Canada, are they like Greece and RIM?
Globe and Mail -- What Liberals and RIM shareholders have in common
Research in Motion is a tremendous success story for Canada: A small start-up in Waterloo rises to become the dominant smartphone provider in the world.
Globe and Mail -- As Greece goes, so goes Canada’s Liberal Party?
The failure on Sunday evening of efforts to form a coalition government seriously increases the chances that Greece will default, which in a way only makes things worse for Canada’s Liberals.
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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©
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.