Less Is More
It's easy to make fun of Marie Kondo, the decluttering guru with elvish good looks. Her KonMari Method, so summarizable in the mantra to throw out everything and keep only the things that "spark joy," sounds the definition of twee. And yet, as the sale of millions of copies of her books around the world attests, she has touched...
An Unimaginative Finance Minister Is The Last Thing Singapore Needs!
When Heng Swee Keat was anointed as the heir apparent to Lee Hsien Loong as the next PAP leader, you could sense the relief amongst PAP cadres that at least Chan Chun Sing would not be leading them. To the PAP cadres, Heng Swee Keat may be the best thing next to sliced bread. But Michael Barr correctly points out that he is...
The Fall of Net Investment Return Contributions?
Back in 2018, the PAP boasted that the Net Investment Return Contribution (NIRC) has more than doubled from $7b in 2009 to $15.9b in 2018. However, the NIRC for 2019 has dramatically dropped to $3.6b in - which is about half of 2009's NIRC when the world was facing an unprecedented global financial crisis! Under the rules, the...
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