‘Human capital’ good, ‘Inequality’ bad: Apples to oranges?
I refer to the article “Heng slams Oxfam report on inequality, saying outcomes matter” (Straits Times, Oct 13). It states that “Outcomes, not measures of input, are what matters, Finance Minister Heng Swee Keat said yesterday, in a sharp criticism of the way a report arrived at its conclusion that Singapore was among the...
World Bank Human Capital Ranking vs. Oxfam Inequality Index
Singapore topped a World Bank Human Capital index that essentially measures certain societal outcomes like our mortality rates and how well our kids do in Maths and Science exams. Human capital for this ranking list refers to our education, health and mortality as that translates into our GDP or eventual economic success for...
Uniquely Temasek? Kill Mandai wildlife to build wildlife paradise
This headline in our constructive, nation-building media on Monday Mandai mangrove and mudflats to be Singapore’s newest nature park reminded of a BBC story a few months back headlined Singapore’s Mandai eco-resort: Paving paradise to put up an eco-resort Singaporeans are getting a new wildlife paradise to bring them closer...
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