have we – our leaders and ourselves – become complacent as we reaped the rewards of Malaysia’s remarkable development over the past 58 years?
The federal government should consider the issue of geographic differentiation of policies, particularly in cases where different geographic locations have vastly different attributes.
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.
Even pure, free market competition, sans oligopolies and monopolies, may lead to sub optimal outcomes from the perspective of the collective.
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.
if we are to be consistent in our principles behind supporting Uber, we must acknowledge as well that those same principles apply to illegal immigrants in Malaysia.
The reason that the election manifestos are so far apart is not because the Median Voter Theorem does not hold but rather, it is because there is incomplete information and different presumptions by both parties as to “who” exactly the Malaysian Median Voter is.
I got to witness firsthand, different anecdotes on how economic hardships can influence behavior among people and how these behaviors can manifest in significantly different ways.