TR EMERITUS

This afternoon, my phone has been going off constantly with endless messages from friends and acquaintances from all walks of life, alerting me to the blackouts this afternoon in some parts of Singapore. The common thread in all these messages is that things are no longer working in Singapore and that all these breakdowns which... 

Less than a week ago, Finance Minister Heng Swee Keat addressed widespread criticism that complacency has set in, leading to lapse after lapse by government agencies. “I reject the suggestion by some that the political leadership has allowed the  whole system to go slack,” he said. His ‘rejection” was headlined by... 

Most people look at tariffs as something bad. It impedes free trade which helps to bring down the cost of production and the prices of goods. The advocates of free trade ignore the important aspects of tariffs. a) It is a way to bring tax revenue to the government to fund its operations. The alternative of relying on income...