Smart Links 27 February 2013
Commentary on the over emphasis on a university degree, disruption, US housing recovered, who really looks at internet advertising, ending the water drought, austerity kills the patient, and seven years on.
Harvard Business Review -- Stop Requiring College Degrees
If you're an employer, there are lots of signals about a young person's suitability for the job you're offering.
Atlantic -- Here's Exactly How Many College Graduates Live Back at Home
The unemployed college graduate moving back in with his parents has been a stock figure of the past few years, helping to cement the Millennials' reputation as the "Boomerang Generation."
What makes a technology disruptive.
Tech Crunch -- What “Disrupt” Really Means
Entrepreneurs in Silicon Valley love to talk about disruption, though few know what it really means.
“In short, a disruptive product addresses a market that previously couldn’t be served — a new-market disruption — or it offers a simpler, cheaper or more convenient alternative to an existing product – a low-end disruption.”
All Things D -- Why Silicon Valley Is the Next Detroit
All good things must come to an end, including Motown and many a once-noble region or hamlet.
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Atlantic -- The Incredible Shrinking Ad
As our attention shifts to mobile phones—and their smaller screens—ads are becoming vastly less effective. And companies built on ad revenues, like Google and Facebook, should start to sweat.
Times of Israel -- How Israel beat the drought
This country was on the brink of water catastrophe, reduced to running relentless ad campaigns urging Israelis to conserve water even as it raised prices and cut supplies to agriculture. Now, remarkably, the crisis is over.
Time to spend and time to save.
Financial Times -- The sad record of fiscal austerity
The ECB could have prevented the panic.
Out of step?
Globe and Mail -- Conservatives in power, but out of step
It is asserted, by some of the learned and the great, that Canada has become a more conservative country.
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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.