TR EMERITUS

Lim Tean said that the most urgent task is to stop the wealth transfer from citizens to the state. I cannot agree more with this. For example, HDB would build new BTO flats and sell them to Singaporeans at a discounted rate relative to the resale market prices. They consider this a ‘subsidy’, and a policy which Singaporeans... 

Following the collapse of the Soviet Union 30 years ago, American economic advisers convinced Russia’s leaders to focus on economic reforms and put democracy on the backburner – where Putin could easily extinguish it when the time came. This is no trivial historical contingency. Had Russia become a democracy, there would... 

Click to enlarge I was exceedingly amused by the letter written by the President of the Chinese Chamber of Commerce & Industry regarding the leak of the audio recording of Minister Chan Chun Sing’s rant at a private meeting with business leaders. His letter expressed the fear that its standing of “high repute” has...