
The Endowment Effect on PAP supporters
There was an experiment where students were asked to choose between chocolate bars and mugs; 44% chose the chocolate bar. Then some were given chocolate bars, and they were asked whether they would exchange it for a mug, 90% chose not to, likewise for those given the mug only 11% chose to exchange. Linguistically this has been...

Elected or selected presidency, both a waste of tax dollars
With the Presidential Election due in 2 years’ time, the PAP government has arbitrarily decided to review the eligibility criteria of potential candidates. (“Three aspects of elected presidency to be reviewed: PM Lee”) One of the 3 areas to be reviewed is “how to ensure that minorities have a chance to be elected to...

$300 monthly to get $1m at retirement?
1 in 3 S’poreans not planning for retirement I refer to the article “1 in 3 young Singaporean adults not planning for retirement: Survey” (Channel NewsAsia, Feb 15). Most willing to save $300 monthly to have $1m at 65? It states that “Of those in the 25 to 35 age group, 86 per cent are willing to set aside S$300 a month...
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