How Germany implements rent control
An easy way to run a country is to leave all matters to the market. But the market can get out of hand, just like property prices and rental. Some people said that it is difficult to regulate rentals. The Germans have found a solution. It is not perfect, but it is better than letting the market run out of control. Here are the...
Response of the Singapore government on comment regarding Vietnam’s invasion of Cambodia
In his Shangri La Dialogue Speech on 31st May, Prime Minister Lee Hsien Loong mentioned that Vietnam invaded Cambodia, thus posing a serious threat to its non-communist neighbors during what he termed the Indochina wars as part of the wider Cold War going on in the late 70s. He brought it up again in his condolence letter and...
How $4.85 billion can be spent differently
The Land Transport Authority spend $4.85 billion to build the last three stations of the Circle Line. This is 5 times of the average cost per km for the earlier phases of the line. The finance minister should use his financial control to reject the building of this last stage, due to high cost. If this last stage is not build,...
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