Free Trade Agreements are not about freeing up trade
Contrary to its name, Free Trade Agreements (FTAs) are not about freeing up trade. Prior to the signing of the United States - Singapore Free Trade Agreement (USSFTA) in 2003, Singapore imposed tariffs on only three products - beer, stout and samsoo. Trade was already free. Why then would the Americans want to sign a Free Trade...
Tyranny Of The Mob
“Why do democracies fail?” That subject has been asked a lot in recent years, in books, on opinion pages and news broadcasts, and in an increasingly tense public discussion. But nearly invariably, I find myself responding to the question with another: Why shouldn't they? Democracy is uncommon and transitory, according to...
We can help each other
I’ll be the first to admit that I am often quite critical of “my people.” As a rule of thumb, I don’t have much sympathy for the local, middle-class graduate Chinese, whom often comes across as self-entitled. You’re talking about a group that constantly complains about how “Indian” nationals are “stealing”...
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- Pang Sai Da Pao! on Ensuring Longevity Through Sound Policies, Not Electoral Adjustments
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- LKY said on Passing of late Lee Kuan Yew’s 10th anniversary
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