Paul Summerville • May 21, 2016

from Mary Magdalene by Giovanni Savolodo 1548 at the National Gallery

What I’m listening to. 

Don Quijote de la Mancha G.Ph.Telemann

Hold on to your kids.

With all its flaws - particularly while George Bush was President - the liberal international order led by the United States since 1945 and expanded after 1989 that has served the world so well is in grave danger of breaking down.

Paul Summerville • May 17, 2016

Giovanni Girolamo Savoldo, from Mary Magdalene 1535-40, The National Gallery

What I’m listening to. 

Jacquet de la Guerre: Harpsichord Suite No.5 in D minor

Change is best from within.

Economist - The breakdown of Arab states: The war within

Paul Summerville • May 15, 2016

William Turner, Norham Castle - Sunrise 1845 Tate Britain

What I’m listening to. 

Handel - Eternal source of light divine - Iestyn Davies

Important article on the importance of creating wealth as the first step to equality of opportunity.

Evonomics - Leading Libertarian Says Social Justice Is a Cause and Effect of the Great Enrichment

Paul Summerville • April 13, 2016

What I'm listening to.

Mozart: Symphony No. 4 in D major, K. 19

Leaping in China (and running to Vancouver).

Paul Summerville • April 12, 2016

What I’m listening to. 

Gluck - Orfeo ed Euridice - Dance of the Blessed Spirits

Why ‘remainers’ need to make a better economic case.

Financial Times -- Britain’s pro-Europe campaigners are losing the argument

The main economic factors in favour of EU are not trade, but research, science and innovation policy


Paul Summerville • March 31, 2016

What I’m listening to.

Selections from Livre d'airs et de simphonies meslés de quelques fragmens d'opéra


Times -- Ronnie Corbett, RIP

Diminutive comedian who delighted millions of television viewers with his armchair monologues as one half of The Two Ronnies.

My Blackberry Is Not Working! 

Paul Summerville • March 30, 2016

What I’m listening to.

6 Sonates melees de pieces, Op. 2: Flute Sonata No. 2 in D Minor, "Le Vibray": III. Gavotta

Free trade is good, an idle state is bad.

New Republic -- Can Free Trade Survive the Rise of the ‘New Right’?

Why nearly all the presidential candidates are against it.

Trade’s travails.

Paul Summerville • March 20, 2016

What I’m listening to.

Handel: Alcina (Live from the Vienna State Opera)

Typical ‘the Chinese will figure it out’ article when moving from middle to high income; it takes more than wishful thinking. (Thanks to Charley of Toronto.)

Project Syndicate -- China’s High-Income Future

Keep up with CEF!

User login

Login using social networks

Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

Twin Virtues

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.