Minecraft’s Genius, Adult Conversation, Bulging at the Ends, Brexit Rates, Sex and the Church, In-House, Sanders & Palestinians

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.

Telegraph -- Priti Patel interview: It's not 'racist' to worry about immigration

It is not “racist” to be concerned about the impact of mass immigration, Britain’s only Asian female Cabinet minister says.

The fuel behind Trump and Sanders.

Financial Times -- America’s Middle-class Meltdown: Core shrinks to half of US homes

Society splinters as bedrock of postwar economy is ‘hollowed out’.

Quote -- “Those Americans without a college degree stand out as experiencing a substantial loss in economic status,” the report says.

More Brexit fear mongering.

The Times -- Mortgages to soar after Brexit, says chancellor

Osborne takes unusual step of prejudging Bank

Selling sin and guilt.

New York Times -- The End of Catholic Guilt

The comedian George Carlin used to say that he was a Roman Catholic “until I reached the age of reason.” For Carlin, that happened sometime in the eighth grade, when all his probing questions about faith were answered with, “well, it’s a mystery.” Of course, as a lifelong contrarian, Carlin also wondered if it was O.K. for a vegetarian to eat animal crackers.

The new leaders don’t out source.

Economist -- Keeping it under your hat

An old management idea gets a new lease of life.

(ed’s note -- the Japanese model of relying on parts makers for as much as 70% of the value of their product created levels of precision that forced other non-Japanese makers to follow suit driven by just-in-time design manufacturing.)

Sanders breaks the mould on talking about Israel.

New Yorker -- The Democratic Debate: A Surprising Exchange on Israel

For the first hour or so, last night’s Democratic debate, at the Brooklyn Navy Yard, was predictable. Bernie Sanders questioned Hillary Clinton’s judgment in voting for the Iraq War and spoke sarcastically about her refusal to release the transcripts of the paid speeches that she made for Goldman Sachs. 

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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.