Smart Links 26 February 2012

Commentary on what a higher percentage of female graduates might mean, human unreason by Michael Lewis, the Canadian economy, how retailers can thrive in an internet world, and starting low.

Does it matter, really?

National Post -- Women as the breadwinners: Turning the traditional model of gender roles in marriage on its head
When Nicole Winchester has to work late from home, her husband Gary slips a hot meal between her and her laptop.

How we think is mostly irrational.

Vanity Fair -- The King of Human Error
We’re obviously all at the mercy of forces we only dimly perceive and events over which we have no control, but it’s still unsettling to discover that there are people out there—human beings of whose existence you are totally oblivious—who have effectively toyed with your life.

Quote worth quoting.

“I think that the randomness of fate applies to all of us as much as baseball men, though it might be exacerbated by the orderliness of their successes and failures.”

Useful reminder of Canada risking the Dutch disease of commodity exports leading to a strong currency leading to uncompetitive manufacturing.

Business Week -- Canada Suffering Parity’s One-Eyed King in Land of Blind
Canada’s success in parlaying strong economic fundamentals into a rush of foreign investment has come at a cost: weakened manufacturing competitiveness that’s exacerbating a regional divide between the resource-rich west and the factory-heavy east.

Related.

The Agenda – The Currency Market

Changing with the times.

Economist -- Making it click
Retailers are striving to combine the advantages of physical shops with the benefits of online selling.

Why starting in the mailroom makes sense. (ed`s note – this is for Graham of Victoria).

New York Times Magazine -- Why Are Harvard Graduates in the Mailroom?
In their book “Freakonomics,” Stephen J. Dubner and Steven D. Levitt explain, among other things, the odd economic behavior that guides many drug dealers.

 

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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.

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.

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