A world without unemployment is not as radical as we might think. A policy is already in the works to enable such a world, breaking the link between jobs and livelihood.
All in Policy
A world without unemployment is not as radical as we might think. A policy is already in the works to enable such a world, breaking the link between jobs and livelihood.
If we fail to understand and empathise with those who do not see things the way we do, especially if they are the majority, we create a society that is not sustainable.
Do we do certain things because we are a product of our environment, regardless of whether that thing we do leads us to optimal or suboptimal outcomes?
Hyperbolic discounting happens because we consider the future as far less salient than the present. Figuring out if we ourselves are hyperbolic discounters may change what we think about whether we should withdraw our money at 55 or at 60.
The reason the counterfactual is important to know in any empirical research project, especially in the social sciences, is that it gives us a basis in which to compare outcomes of policy.
I have some issues with recent policies in Malaysia, particularly those that deal with government revenue and government expenditure.
In principle, I am all in favor of decentralization. I think far too much is centralized in Malaysia, and that includes examinations.
This note does not seek to critique our Ministers’ views of the homeless but rather to evaluate the economic rationale on homelessness and the ban on soup kitchens.
While I will discuss the gist of the paper, I strongly assert that every policymaker and development policy researcher in Malaysia should spend some time and read the paper for themselves
We certainly prefer our doctors to update their priors based on new medical evidence, why should we not prefer that of our politicians as well?
What I will absolutely not accept is if the government does not take responsibility for its own actions towards achieving fiscal consolidation as well which is, after all, the objective of these measures.