Smart Links 12 March 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.

Telegraph -- Goldie Hawn: behind the smile of a not-so-dumb blonde
The box-office hits have dried up, but Goldie Hawn - Hollywood’s most endearingly ditzy star - now has a lucrative sideline promoting happiness.

Has the global economy really reached escape velocity?

Telegraph -- Global liquidity peak spells trouble for late 2012
The global liquidity cycle has already rolled over. Assuming that no fresh action is taken, world economic growth will peak within a couple of months and then fade in the second half of the year - with grim implications for Europe’s Latin bloc.


Reuters -- U.S. faces “new normal” on jobless rate: professor
University of Oregon economics professor and blogger Mark Thoma says U.S. may face a “new normal” on rate of unemployment.

We’re outta here.

National Journal -- The Coming Upheaval in U.S. Afghanistan Strategy
Recent events in Afghanistan, including Sunday’s horrific shooting of Afghan civilians by a U.S. soldier, are not just going to alter U.S. strategy there.

Mobile technologies offer new teaching opportunities.

Financial Times -- Business schools need to think beyond convention
The mobile revolution is here.

Rethinking our schools.

Globe and Mail -- Our school systems are so last century
Pity the poor parents in British Columbia.

Putting seatbelts on robocalls. (ed's note -- like any new technology there are unintended consequences). -- There should be a law governing robocalls
Robocalling is a relatively new phenomenon in Canada.

(ed's note -- commercialise & tax it)

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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.