TR EMERITUS

Straw Men and Paradigms: A Response to Alex Au’s Recent Article In a debate one tactic which often works is to ascribe to your opponent a position that he does not hold, which is easy to refute, and then demolish that. Or else to quote his arguments out of context or associate him with a group who superficially might... 

There is a great Wall Street Journal article about how the rapid increase in high stakes Chinese gamblers in Las Vegas is prompting money laundering concerns.  Given that Chinese citizens are only legally allowed to take $50,000 USD out of China a year, how can they wager up to $400,000 USD in Las Vegas? There are three things... 

Earlier this summer, I wrote about the International Monetary Fund restating the historical Singaporean public surplus by an astounding $158 billion SGD.  The IMF increased the size of the Singaporean government surplus from $271 billion SGD to $429 billion SGD between 1990 and 2010.  Most interestingly, the increase in the...