The Mess that is Singapore Part 1: Explaining the Debt
Ever since my paper on Temasek and Singapore was covered in Mostly Economics writing a plea for “clarifications from Temasek and SG govt”, I have begun receiving emails and postings to either explain or defend something further. Today, I will focus on the questions pertaining to the debt side. The basic question numerous...
Ask an economist and the answer is growth
The debate for more population is heating up but the thinking is one track, growth. Without population growth, it will be the end of the Singapore story. Growth is the essence of an economics approach to the country’s problem, or for that matter to any other problems. Send Pavarotti to the economists and the recommendation...
Money Never Enough
TIME's May 7 adapted account of the take down of Osama Bin Laden (Manhunt: The Ten-Year Seach for Bin Laden by Peter Bergen) describes the high stakes that faced Obama. Everyone knew he was "betting his presidency" on the available options - Predator drones with Hellfire missiles, B-2s with laser guided bombs, special forces...
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