Skip to content

Category Archives: Economics

Why Mr Wang is wrong: telling only half the story

Friday, January 19, 2007

Mr Wang says:
On labour freedom, the study gives Singapore the world’s highest score, and makes the following comments:
“The non-salary cost of employing a worker is low, and dismissing a redundant employee is costless. Regulations on increasing or contracting the number of work hours are very [...]

Also filed in 1: Favourite Posts, Singapore | | Comments (119)

What “the market” demands

Thursday, December 14, 2006

This post is cross-posted at Singapore Angle.
Globalisation and neo-capitalism have little regard for talent and merit that do not help sustain them. Hence, while Singaporeans believe that all our talents will be justly rewarded, globalisation is a fussy benefactor that only rewards what the market demands.
– Terence Chong
This post examines three issues: the “old” social [...]

Also filed in 1: Favourite Posts, Culture, Singapore | | Comments (2)

Sultan of Johor doesn’t understand network economics, should STFU

Sunday, November 5, 2006

According to CNA, the Sultan of Johor says:
And for the economic region to develop and grow, the Sultan of Johor has suggested demolishing the Causeway linking Johor and Singapore.
He said that without the Causeway, the Johor economy would prosper.
I don’t understand why the opinions of people who live within the pinnacle of privilege in society [...]

Also filed in Malaysia | | Comments (3)
Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Australia
Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Australia