Inequality is typically a symptom of something else at work. Rather than lambast inequality for inequality’s sake, we should take great care in finding out how that inequality came to be.
Inequality is typically a symptom of something else at work. Rather than lambast inequality for inequality’s sake, we should take great care in finding out how that inequality came to be.
Far be it for me to predict what will happen in 2016 in terms of GDP growth, the Ringgit, exports growth and so on - it would perhaps be better for me to opine on how we can continue to play our part to grow our ‘commons’ amidst very challenging times.
what is of paramount importance to understand is that what is good at the aggregate is not necessarily good when disaggregated.
The ‘Sharing Economy’ is not something new, nor is it correctly labelled. Rather, the ‘Sharing Economy’ is actually just the creation of new markets for goods and services that hitherto did not have markets.
Over the weekend, I finished watching The Wire, a HBO drama series concluded in 2008, that revolved around the city of Baltimore, Maryland
It may be cliché to say, but when you are at the top, the only way to go is down.
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.