Curry Bust, Ticks not Bricks, On Inequality, Zika Bites, Europe’s Man Problem
What I’m listening to.
The high-street staple is under threat. Can a new generation of entrepreneurs save the nation’s tandoori?
Quote: Khan even blames Uber, the taxi app company, for disrupting the curry trade: “A lot of people in London have joined Uber . . . including chefs, tandoori chefs, waiters, managers — even the owners of restaurants,” he says.
The new darlings: Ticks.
Tech-heavy Taiwan, India, China and Korea are the new darlings of the EM world.
Quote: “Aside from a catchy acronym, the realignment tells us much about the changing nature of emerging markets — and the world in general — with services, particularly technology, to the fore and trade in physical goods, especially commodities, in retreat.”
Thinking through inequality.
“[T]he terms of the case against inequality have changed. I have always believed that inequality divides people, deprives many of the chance to succeed and makes us all worse off. But now there is good reason to believe that inequality isn’t just unfair but that it actually inhibits economic growth.”
Ed’s note: The Inequality Opportunity: Thinking through inequality. It is not about income, it is about public investment in the institutions that create better life chances for as many people as possible. It is not measured by what the 1% makes, but by justice, health, education and other public outcomes that manifest themselves in improving inter-generational mobility. Countries that condemn those born poor to die poor -- like the United States and the United Kingdom -- will not only create worse overall social outcomes but worse economic outcomes as well. The more people that can play, the better for everyone. The challenge remains: how to regulate and tax the economy to ensure that unequal outcomes fund best in class equality of opportunity.
The Zika virus is a mosquito-transmitted infection related to dengue, yellow fever and West Nile virus.
Can Germany manage?
“... That means closing Germany’s borders to new arrivals for the time being. It means beginning an orderly deportation process for able-bodied young men. It means giving up the fond illusion that Germany’s past sins can be absolved with a reckless humanitarianism in the present.
It means that Angela Merkel must go — so that her country, and the continent it bestrides, can avoid paying too high a price for her high-minded folly.”
By the numbers. (ed’s note: Sweden may have a problem, Germany doesn’t).
Are lopsided migrant sex ratios giving Europe a man problem?
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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©
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.