Detrimental Effect of Rent Seeking Economy
I was thinking of taking a break from writing Labour Day message for this year but something inside me give me that urge to write on Rent-Seeking Economy. This is a topic which I have in mind for a long time since last GE2011. What is a "Rent-Seeking Economy"? This is actually a technical economic term which any economic student...
Sex and MRT – what’s the real scandal?
More and more Singaporeans are asking whether there was any hidden agenda in the overwhelming publicity given by the local media to the under-age prostitute scandal. A former director of the Internal Security Department has now raised suspicion that it was an attempt to distract public attention from the committee of inquiry...
Workers say no to wage hike
While the workers of the world rose in protest over their low wages, the workers here were celebrating their good fortune. All of them looked so happy, and so rich. And they expectedly rejected the shock therapy of Lim Chong Yah that offered them a 50% pay rise in 3 years. Unbelievable! I think the workers are reading Lim...
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