Twin Virtues

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

Van Gogh, The Pieta’ after Delacroix 1889 Delacroix Exhibition National Gallery

What I’m listening to. 

Portuguese Brass - "Adagio" from Easter Oratorio (J.S. BACH)

47% of Americans would need to borrow $400 in case of an emergency. That’s an emergency.

The Atlantic - The Secret Shame of Middle-Class Americans

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 24, 2016

John Waterhouse (1885) from Saint Eulalia, Tate Britain

What I’m listening to. 

Herz Und Mund Und Tat Und Leben, Cantata BWV 147: 10. Choral: "Jesus Bleibet Meine Freude”

French Jews leave for London: canary in coal mine.

Paul Summerville • April 16, 2016

What I’m listening to. (ed’s note -- our local neighbourhood choir)

Advent Hymn: Conditor alme siderum

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 • April 1, 2016

What I’m listening to.

J.S. Bach: Violin Concerto No.1 In A Minor, BWV 1041 - 2. Andante

More on inequality.

Economist -- The new wave

Surprisingly little is known about the causes of inequality. A Serbian-American economist proposes an interesting theory.

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.

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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.