All tagged Economics
in reality, Malaysia’s main problem is not so much that costs are getting higher — this is true everywhere. Our main problem is that incomes are not rising as quickly and this is where the bulk of our attention should be
As such, while I had to watch on in semi-disappointment as The Dark Knight Rises failed to stick its landing, we are not just passive observers watching a movie unfold. The economic vision the prime minister has laid out is a strong start, but it needs to stick its landing.
Many key ingredients of economic development require long-term planning, a greater tolerance for the long-term (patience) means that these ingredients may get to be fully cooked as well.
The idea of a level playing field between developed and developing countries is not historically just. Things were unfairly titled towards these rich countries in history. We need to re-tilt it back towards the rest of us.
The release of the dinosaurs into the world is very much akin to the massive monetary expansion from quantitative easing in developed countries, particularly the US, the eurozone nations and Japan, since the global financial crisis.
We need to be comprehensive of the mountains of potential data that we have lying all around us. Researchers have used tomb epitaphs, folklore stories and naming conventions from the past — can we challenge ourselves to be as creative and, more so, to digitise our data accordingly?
The academic field of political economy has made a resurgence and is at the forefront of cutting-edge social science research. A major part of this resurgence is due to the recently departed Alberto Alesina.