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...
Another flaw in argument why ministers’ pay must be linked to fat cats ‘ pay
Many of the people in the fat cats top earners list that the PAP govt uses to set the pay for ministers are senior bank executives But has thePAP govt ever tot about the banks’ KPI for bonus payments? “If you rob a bank, you go to jail. If a banker robs you, he gets a bonus,” says a UK minibus saleman who found he had...
Why does PAP Minister Lee attack the Oxfam survey when the picture in his own backyard is not so pretty?
I take strong issue with what Desmond Lee said in response to the recent Oxfam survey findings on inequity worldwide and Singapore's ranking in it. To begin, Oxfam is a credible non-governmental organisation established since 1942 whose work governments and corporations look up to and take notice of. Otherwise, PAP minister...
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