Posted in Economics, Society on July 30th, 2012 3 Comments »
I was reading, or rather re-reading, the Economic Transformation Program and I was a bit obsessed with its projection of 3.3 million total new jobs between whenever the program was supposed to begin up to year 2020. The figure sounds a bit too optimistic that I do not think there will enough workers to take [...]
Posted in Economics, Personal, Politics & government on July 27th, 2012 2 Comments »
I handle my finances conservatively. I spend very little for someone my age and my profile. In fact, I impose a sort of limit on my spending. I am conscious of it and get mildly nervous if my total spending grows too fast even when I can more than afford it. I probably do buy [...]
Posted in Economics on July 25th, 2012 1 Comment »
Several new points were raised with regards to my post on duties and cars yesterday. One was pollution, two was government revenue and three, in one way or another, income effect. It is not exactly income effect but close enough. Concern number one is easy. But let us state the pollution concern. The concern is [...]
Posted in Economics on July 24th, 2012 3 Comments »
I advocate the abolition, or at least a significant reduction of import duties (and other excessive taxes) on cars as well as the abolition of the approved permits system that blow up the prices of foreign-manufactured cars to an outrageous level. This should come at no surprise because I am a libertarian. I do generally support freer [...]
Posted in Sports on July 24th, 2012 No Comments »
What Jerry Sandusky did was wrong. Although I am sympathetic of Joe Paterno, his failure to report Sandusky is a grave moral lapse. Sandusky deserves to be punished, and so too Paterno. But I ultimately think the punishment meted against Paterno and Pennsylvania State University is just too much. I agree with an opinion at [...]
Posted in Economics on July 19th, 2012 2 Comments »
The Prime Minister finally launched a private pension fund. I am supportive of the idea of private and voluntary pension fund, but I am not going to discuss that here. What I find interesting rather is that contributors to the private fund are entitled to RM3,000 tax relief in a year. This raises one question: [...]
Posted in Economics on July 7th, 2012 1 Comment »
Anna Schwartz is not a name too familiar with too many Malaysians. That is a shame because her works as an economist wield great influence in this era of economic uncertainty. Read up major financial newspapers, magazines, financial news channels or leading economic blogs and one will come up an idea which she—together with the [...]
Posted in Liberty on July 4th, 2012 No Comments »
…that all Men are created equal…
Posted in Economics on July 2nd, 2012 No Comments »
There were two big news over the past two days in the financial world. One was the EU Summit which yet again calmed the market for only the gypsies (Gypsies, get it? GIPSI? Maybe not) know how long. Another was the official fallout of Barclays’ rigging of LIBOR. The rigging of LIBOR has been an [...]
The name is Hafiz Noor Shams.
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