India

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 9, 2014

Putting the world right. 

New Yorker – World Weary

Paul Summerville • janvier 9, 2013

Commentary on India’s 100% club, cutting upper middle class child support, peeling back the layers of welfare, Japan ups defence spending, and not idle about revenue sharing.

The 100% club and you only need to be female to be a member.

Paul Summerville • janvier 6, 2013

Commentary on bad IMF math, rail travel in the UK, Jared Diamond’s love of nature, rape in India, down on your luck learn how to pickpocket, and living in the Arctic.

Actually austerity makes things worse, sorry.

Washington Post -- IMF: Austerity is much worse for the economy than we thought
Earlier this week, the International Monetary Fund made a striking admission in its new World Economic Outlook.

Paul Summerville • janvier 2, 2013

Commentary on the Economist’s top ten articles of 2012, forecasting, India’s comfort with rape, why equities will soar, and balancing the twin virtues.

Interesting list of articles from the penis to progressivism, fools and the future.

Economist -- The biggest hits of 2012
Our ten most popular articles on Economist.com this year.

Getting ready for the forecasting time of year.

Paul Summerville • octobre 26, 2012

Commentary on the winners and losers of twenty years of a globalised economy, India’s woes, why Obama will win, remembering Stalingrad, Donald the mouth Trump and his critics, and Canada’s diminished democracy.

The richest one percent and the bottom 30% benefitted the most, and the poorest 5% and the upper middle class the least.

Paul Summerville • juin 12, 2012

Commentary on the mistaken belief that bonds are safe, problem with economics, as unions decline inequality deepens, Cameron moves away from Europe, more confusion in India, education revolution in Britain, and the LA Kings win the cup.

Sell bonds, buy equities.

Paul Summerville • juin 10, 2012

Commentary on India’s stalled economy, the physics philosophy debate, the great British 60 year contrast, slowly Europe federates, why Michael Bloomberg is mean, and the incredible lightness of politicians.

Why India has slowed. (ed’s note – actually persistent levels of illiteracy are more important particularly for women).

Paul Summerville • mai 23, 2012

Commentary on how to buy happiness, India’s ID challenge, Japan’s blind spot, maybe devaluing the Euro can save it, silly state intervention, and where to draw the line.

Be happy.

New York Times -- The Right Way to Try to Buy Happiness
Money can’t buy happiness.

How India will create ID for everybody. Thanks to Jeremy of Tokyo.

Paul Summerville • mai 16, 2012

Commentary on China's real estate meltdown, India’s corrupt economy, Armenia’s heavy legacies, reforming British welfare, art and life, Gaga and Indonesia, and Mulcair’s cracks.

China breaking.

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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.