No Growth, Pakistan’s Women Tragedy, Cindy Blackstock's Courage, US Recession, Buy Now, The Death of Twitter

 

What I'm listening to.

Mozart -- Concerto for Flute and Harp K.299

The future may not be what it used to be.

New York Times -- Paul Krugman Reviews ‘The Rise and Fall of American Growth’ by Robert J. Gordon

Back in the 1960s there was a briefly popular wave of “futurism,” of books and articles attempting to predict the changes ahead.

Three hands.

New York Times -- ‘The Age of Stagnation’ and ‘The Only Game in Town’

Even more than income inequality, slow growth sits firmly atop the leader board of global economic worries.

Quote -- “We are destined, he believes, to turn sharply either toward a resumption of historical growth rates or to a slide into full stagnation, or worse.” (ed’s note -- well that’s certainly bold ...)

Honour killings: getting away with murder.

New York Times -- Her Father Shot Her in the Head, as an ‘Honor Killing’

WHETHER it wins or not, the Oscar nominee with the greatest impact — saving lives of perhaps thousands of girls — may be one you’ve never heard of.

Fighting the state.

Tyee -- Scared and Spied On Under Harper, Why Child Advocate Didn't Give Up

Fresh from victory at the Canadian Human Rights Tribunal, Cindy Blackstock said she persisted with her landmark child welfare case for nine years because, "It's our job as adults to stand up for kids."

Oh no. 

Financial Times -- Economists see 20% chance of US recession

Leading global economists now see a 20 per cent chance of the US falling into recession this year, and a diminishing likelihood of the Federal Reserve raising rates as previously thought. 

Biggest investing mistake: trying to time the market. Buy now.

Telegraph -- Buy when the market’s fallen 20pc? First do some checks

A 20pc slide in share prices could be a reliably good buy signal if valuations are reasonable

Tweeting into irrelevance.

The New Yorker -- The End of Twitter

It wasn’t that long ago that I—and many other people I know—would have argued that Twitter was more than just another social network.

 

 

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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.