Archive for the 'Economics' Category

And The Earthly Strip makes a return.

There are discussions — or rather venom exchanges as it goes on social media these days — about prices and price control of certain items. I think I am here to highlight the obvious because oftentimes the obvious is overlooked due to familiarity: prices are only a method of allocation out for many out there. […]

I am happy with the inclusion of wage subsidies in the larger cushioning/protection policy announced by the government today. I use cushioning/protection because the supply-side context makes the definition of stimulus irrelevant. As announced, the government will implement RM600 per month wage subsidies for 3 months. However, there is a big but. Is the RM600 […]

We are experiencing a supply-side crisis. The lockdown is inducing labor shortage, and it has the potential of exerting lasting damage on the economy if not handled properly. It seems to me that the last time Malaysia or any of its components had a supply crisis was in the 1940s during World War II and […]

The public health system is in need of more resources to manage the Covid-19 pandemic. We all talk about flattening the curve but government’s incompetence that caused the Tuesday fiasco means the peak will likely get higher and higher and the time needed to fight this will go longer and longer. This is the time […]

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