Smart Links 28 June 2012

Commentary on the linkages in the global economy, forced abortions in China, the rise and fall of American cities, the case for ending the ‘war’ on drugs, and teaching Omar.

Mr. Prime Minister?

Project Syndicate -- The Great American Mirage
In September 1998, during the depths of the Asian financial crisis, Alan Greenspan, the United States Federal Reserve’s chairman at the time, had a simple message: the US is not an oasis of prosperity in an otherwise struggling world. Greenspan’s point is even closer to the mark today than it was back then.

Only one.

Economist -- The brutal truth
A shocking case of forced abortion fuels resentment against China’s one-child policy.

New York, New York

Atlantic Cities -- America's Richest Cities, 1978 and Now
In many ways, the contemporary history of America's economy is really a story about cities. Metro areas rise and fall with each generation, buoyed or sunk by the industries and trends that support them.

The stupidest war ever.

Independent -- Archie Bland: It makes sense to wind down the war on drugs
Wars on abstract nouns and inanimate objects are always a bit tricky to define, since it's difficult for the other side to definitively admit defeat.

Bring him home.

Toronto Star -- Unleashing Omar Khadr's inner poet
Guantanamo Bay’s Camp Echo is an unlikely classroom.

 

You Don't Like the Truth: 4 Days Inside Guantanamo

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

LimeSpot: Own Your Experience.

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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 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.