Smart Links 26 July 2012
Commentary on the opportunities from global migration, Spain’s downward spiral, avoiding taxes, Indian partition, and another big baseball contract.
21st century global migration offers great benefits to those countries smart enough to take advantage. (ed’s note: Miami is the city with the world’s highest foreign born population (51%), Toronto is fourth (45%), Vancouver is seventh (39%).
Project Syndicate -- Europe’s Immigration Challenge
Europe faces an immigration predicament.
Blood rushes in where angels fear to tread.
Telegraph -- A heaving bust can make fools out of the brightest of men
The respected scientist Paul Frampton held in an Argentine jail on suspicion of smuggling cocaine is not the first clever chap to act like the class dunce over a glamour puss.
Spain down the drain.
Telegraph -- Eurozone danger mounts as Spain spins out of control
Spain is battling to avert a fully-fledged sovereign rescue after borrowing costs spiralled out of control, with dangerous knock-on effects in Italy and Eastern Europe.
Ok if it’s in cash or offshore?
Guardian -- Forget plumbers. Forget shaming individuals. Tax avoidance is systemic
An economy has been allowed to develop under which a global elite can stockpile wealth away from the scrutiny of regulators.
The strange and sad impact of Ghandi and Nehru on the partition of India.
London Review of Books -- Why Partition?
By 1945, the era of Gandhi was over, and that of Nehru had begun.
Son, learn to pitch.
Globe and Mail -- Phillies give Cole Hamels, $144-million, 6-year deal
Cole Hamels and the Philadelphia Phillies have agreed to a $144-million, six-year contract that prevents the 2008 World Series MVP from becoming a free agent after the season, a person familiar with the negotiations told The Associated Press.
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