Cost-of-living is political
In an exchange that is worth some attention, we have Ng Kok Lim giving a rebuttal to an economist (Martin Bodenstein) from NUS on the latter’s justification of his version of neoclassical economics which is a form of neocolonial economics. Bodenstein gave a response (it appears in the comments section below NKL’s post) which...
FTs find opportunities aplenty in Sin City
It is reported that many foreigners arrive in Sin City with only a suitcase and hope to land a job here. And quite a number made it as jobs for foreigners seem to be quite easily available. Compare this to jobs for the locals, be they experienced PMEs or new graduates, and going by the MOM statement this is going to be tough...
Alternative lessons from Crimea/Ukraine crisis
The crisis in Crimea/Ukraine continues to simmer - simmering, it appears, from what has been left to fester over the years. What lessons are there for us? PM Lee and FM Shammugam are anxious to draw lessons under the guise of ‘small countries’ needing to defend themselves but actually finding another convenient justification...
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