Manufacturing

Paul Summerville • April 15, 2016

What I’m listening to. 

Mozart - Symphony in F Major "No. 43", K.76 (42a): II. Andante

Can these habits be turned to saving and investing?

New York Times -- The Minecraft Generation

How a clunky Swedish computer game is teaching millions of children to master the digital world.

Talking about immigration.

Paul Summerville • December 10, 2012

Commentary on outsourcing U-turn, austerity failing, the Fed is about to move to outright purchases of long bonds, the extinction of the Brontosaurus, GOP split, sperm count fears, and a tribute to Bev.

Coming to America (and Canada).

The Atlantic -- The Insourcing Boom
After years of offshore production, General Electric is moving much of its far-flung appliance-manufacturing operations back home.

Paul Summerville • March 9, 2011

Malthus looms down on us from his place in history.

Famously predicting that starvation would dominate the human condition because of the simple arithmetic that rising populations would overwhelm food supply, Malthus was proven wrong in the long term because he underestimated the genius of innovation that resulted in tremendous increases in food supply.

However, like any supply-demand curve there will always be moments of severe disruption, this may be one of them.

Paul Summerville • February 11, 2011

Some musical history, the 50th anniversary of the Beatles' first performance, and Lady Gaga's latest.

Imagine where the Beatles got to by July 1967 with the release of Sgt. Peppers from February 1961 their first performance as a band.

Innovation extreme.

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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.