Paul Summerville • septembre 22, 2014

Human beings are social animals that make choices; and that is why solitary confinement is so devastating to the brain. 

Paul Summerville • septembre 4, 2014

Up in smoke.

Rolling Stone -- Last Tango in Kabul

While war raged across Afghanistan, expats lived in a bubble of good times and easy money. But as the U.S. withdraws, life has taken a deadly turn.

What I’m listening too. Mozart - La Clemenza di Tito, KV 621 

Paul Summerville • février 19, 2013

Commentary on Japan’s equity market bounce, dressing down, Ireland’s child benefit controversy, hold up Hitch, checking out of Kabul, and the conservative view of Justin.

Prime Minister ABE as in ‘Awesomely Bullish Equities’.

Financial Times -- Abe needs to show he can walk the talk
There are many reasons to be optimistic about Japan’s equity run.


Paul Summerville • février 3, 2013

Commentary on America’s baby bust, China’s worry, tipping, history lessons, times are tough, the awful legacy of Nazi treasure, and being idle no more.

America’s falling fertility rate and what it means.

Paul Summerville • septembre 21, 2012

Commentary on China`s lousy demographics, worrying markets, sex and the brain, China and Japan butt heads, Afghan dead end, the problem with politics, and a victory for sex workers.

Aging China. -- China's shifting demographics and their impact
China's changing demographics now pose risks to global economic output for the simple reason that the nation is currently responsible for about 40% of world's GDP growth.

Paul Summerville • avril 30, 2012

Commentary on the dangers of being a female poet (in Afghanistan), a Nixon aid dies, Europe’s centre starts to fall away, why RORO rules and rescuing Canada’s railways.

Death sentence.

New York Times -- Why Afghan Women Risk Death to Write Poetry
In a private house in a quiet university neighborhood of Kabul, Ogai Amail waited for the phone to ring.


Paul Summerville • avril 23, 2012

Commentary on generational greed, the unnecessary war, getting smarter, inequality, Chinese cracks, and Michael Ignatieff on Quebec and Scottish nationalism.

Are we too selfish to take care of our parents? Thanks to David of London.

Spectator -- Thankless children
Rod Liddle says that the real problem with our aging population is that we are too selfish and greedy to look after them.

Paul Summerville • mars 12, 2012

Commentary on Goldie’s happy life, slowing money indicators, bye-bye Kabul, learning away, wrong age school system, and putting seat belts on robocalls.

From movie star to happi gugu.

Paul Summerville • février 5, 2012

Commentary on the end of NATO involvement in Afghanistan, on the ground in Taliban country, Canada’s need to diversify its trading partners, a call to make angel investing more democratic, the Prudent Bear bemoans the reflation of the risk bubble, and bears getting bullish.

Thankfully the United States comes to its senses and is leaving Afghanistan. (ed’s note – recalibrating the need to spend the defence dollars in Asia no doubt).  Thanks to Ken of Tokyo/Hong Kong.

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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.