Paul Summerville • May 11, 2012

Commentary on Greece exiting the Euro, economic smoke and mirrors, taxing churches, and shifting choice in Canada`s immigration strategy.


Financial Times -- Greece is falling out of Europe
The people of Greece have rejected austerity.


Paul Summerville • May 6, 2012

Commentary on the death of the middle class, on-line university, rule of law in China, unlocking creativity, and the case for 60 million Canadians by 2050.

“The competition is maddening!”

Paul Summerville • November 28, 2011

Commentary on the deep political problem with the Republican Party, the break up, why infrastructure spending in China could spur consumption, the cost of stupid immigration policy, and talking about dying.

Scary audience.

Paul Summerville • August 27, 2011

Articles on how to make globalisation work better, the mess the US economy is in, what Bernanke thinks, Chinese banks, a left of centre look at the anti-HST victory vote, Britain’s immigration debate heats up, a novel about Japanese immigrant women, what helps countries get strong, and Canada’s longing for inspirational leadership.

Jeffery Sachs reminds us that unregulated markets and quickly rising income inequality will doom globlisation and impoverish those societies that do not prepare their citizens for it.

Paul Summerville • August 5, 2011

Articles on rebuilding Japan, why Turkey’s political model is not for export, rethinking economics, #gfc, the Italy and Spain squeeze, why more immigration is better for Canada, and living to 100.

Can the rebuilding of the tsunami devastated parts of Japan bring an end to twenty-one years of malaise and decline? (ed’s note – no it can’t)

Paul Summerville • July 21, 2011

Articles about a few human beings, thoughts about life, how debt drags down growth, Japan’s nuclear book industry, Germany’s commitment to the European project, America’s real debt problem, and an excellent Canadian population goal.

Han Han tweaking the Chinese establishment.

New Yorker -- The Han Dynasty
LETTER FROM CHINA about novelist, essayist, blogger, and race-car driver Han Han.

Paul Summerville • July 20, 2011

Articles on thirsty China, the Shakespearean drama unfolding around Rupert Murdoch, how the internet changed the news business, how aging countries are creating debt crises, cloud computing, theoretical crossroad, 60 million Canadians and immigration, hope breaks out that Washington will make a big deal, and the autism epidemic (ed’s note – it has nothing to do with vaccines).

China’s need for water.

Paul Summerville • July 2, 2011

Articles on Japan’s power problems, how immigration keeps crime down, the big game in the South China Sea, Australia and aboriginal people, exporting Germany’s short work week to the US, and doubts about the Chinese economy.

Japan’s energy knive edge.

Paul Summerville • June 27, 2011

Articles on Europe’s unraveling, the coming of taxation on world-wide income for Canadians, why legacy airline companies can’t be profitable, why the home team wins, Taliban tricks, new entrepreneurs in Japan, James Grant slams the Fed, paralysed economic policy, energy efficiency and cars, the end of liberal intervention, immigration and the economy, and when an American visited China in 1973.

Going backwards.

Paul Summerville • June 15, 2011

Articles on Apple’s retailing philosophy, Chinese demographics and inflation, Brazil’s economy, Europe’s migration problem and a great Canadian immigrant, the wonderful unintended consequences of the biotech revolution, a thoughtful examination of America’s fiscal challenges, 11 reasons why the stock market is a very serious buy, and why prostitution should be decriminalized.

China’s Japan problem

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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.