Health Care

Paul Summerville • April 24, 2011

While standing on a jammed 9th tee on Friday afternoon with another foursome the conversation went from Adrian Dix to Jack Layton and settled on corporate tax cuts.

Articles about the race to the bottom of the global corporate tax table – smart and dumb, a disturbing acceleration in China’s crackdown of just about everybody, what the rise of Donald Trump may be telling Americans about America, the cost of trying to live forever, America’s loan shy banks, trying to square science and morality, and a two hour debate about Canadian politics.

Paul Summerville • April 22, 2011

My 1988 PhD thesis made the case that the Japanese automotive industry was a creature of the state that took advantage of globalisation to gain productivity advantages over its rivals.

Economic nationalism came before globalisation.

Pankaj Ghemawat, Ha-Joon Chang, and Noam Chomsky put a 21st century spin on the same argument.

Articles also on Arctic sovereignty, the risk meltdown, cheating, Syria’s risky future, immigration integration, charts on US health care costs, inflation, and you, and pictures from a failed state.

Paul Summerville • March 5, 2011

 With news that the Libyan government has launched a brutal offensive against its opposition, that the Saudi government is massing troops to put down potential revolts, that Chinese authorities are on the lookout for Sunday Strollers, and that oil is breaking out towards $120 a barrel we hope that everyone has strapped in for a rocky market ride.

Paul Summerville • February 27, 2011

Following on from Gloria Steinem’s advice of understanding compound interest, University of Colorado Professor Arthur Bartlett explains how it works.

Given the power of compound interest rational people should be concerned about debt levels public and private.

Compound thinking needs to be at the centre of our conversation about investing and government spending.

Paul Summerville • February 26, 2011

Every country, community, family, person tells little lies to themselves everyday to keep from facing uncomfortable truths.

Canadians will have to face the truth that delivering the promise of the science of good health to all of its citizens can come in many forms, and that the default argument that any changes in Canada that includes private means will simply recreate the failed American model is false.

Those lying eyes are wrong and very unhealthy.

Paul Summerville • February 22, 2011

While interesting parts of the world try to shake off deeply entrenched authoritarian leaders – every democracy has done it  – the developed world is having to confront the reality that the science of good health risks bankrupting them because of rising life expectancy at both ends of the life, tremendous advances in health technology, and most importantly, the belief that staying alive is the only good option.

Articles on how this dilemma is being dealt with in the United States, and thoughts about ageing in Canada.

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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.