The nexus between a minimum wage and a productive economy
The UK government has just announced the largest ever increase in the living wage (or minimum wage) from £8.21 per hour to £8.71, 4 times the rate of inflation. It is even more remarkable that this increase has been effected by a Conservative Government in the midst of all the uncertainties surrounding Brexit. As I have always...
Question to ponder: What do Singaporeans want in the GE2020?
In the past, I thought I was advocating for a more-left Singapore, for free healthcare and education (Singaporeans are paying enough insurance/tax to do this), more equal wages, etc. But I'm realizing that many Singaporeans might not think along the same line, some support PAP-style parties in other countries even as they do...
Wasteful to create retail electricity market
It is wasteful to create a retail electricity market. The consumers are asked to select the retailer and to decide on a fixed or floating tariff plan and also the duration of the plan. On expiry of the plan, the consumers are asked to renew the plan or to choose another retailer. The retailers have to keep their records of the...
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