Smart Links 27 June 2012

Commentary on how good is fiction at predicting fact, Gemany’s Euro strategy, the demographic impulse behind the US economy, the death of peak oil, go to Myanmar, falling inter-generational mobility in the United States, and how the Prime Minister saved his government.

Art predicting life.

BBC -- Blade Runner: Which predictions have come true?
It's been 30 years since the release of Blade Runner and 10 years since Minority Report. Both are rich sources of predictions about the future. But what has actually come to pass?

 

Youtube – Blade Runner: “I’ve Seen Things”

Yes Virginia, Berlin has a strategy to save the Euro.

The Globalist -- The German Strategy on the Euro: A Pre-Summit Roadmap  
For any German who grew up in the "postwar era," it is strange to see how much the intentions of German policymakers have become the subject of a deep guessing game at many international conferences, as well as the subject of countless opinion articles all around the world.

The US economy and its demographics.

Atlantic -- The Recovery's Silent Assassin Is Demographics
It's emotionally satisfying to blame the economy on people -- banks, borrowers, politicians -- because people can change. But the greater threat is demographic make-up of the country.

Related.

Motley Fool -- The Most Important Numbers of the Next Half-Century
In 1991, former MIT dean Lester Thurow wrote: "If one looks at the last 20 years, Japan would have to be considered the betting favorite to win the economy honors of owning the 21st century."

Awash in the stuff.

Pdf below -- Oil: The Next Revolution (86 pages)

Go to Myanmar! Waiting for the boom to start. Thanks to Ken of Tokyo/Hong Kong.

Reuters -- Special Report: Breakneck reform pace overloads Myanmar
The desks are mostly empty.

The dream is fading.

Financial Times -- America is no longer a land of opportunity
US inequality is at its highest point for nearly a century.

She blinked.

Globe and Mail -- Jean feared ‘dreadful crisis’ when Harper sought prorogation: ex-adviser
The woman who held Stephen Harper’s career in her hands in December, 2008, was concerned that refusing the Conservative Leader’s request to shutter the Commons would lead to a crisis of confidence in Canada’s political system, a former adviser says.

Related.

straight.com -- Constitutional expert calls Stephen Harper government officials "disgusting rather than ignorant"
For many years, Peter Russell has been one of Canada's leading constitutional experts.

 

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

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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.