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Prices of the same tradable items in different places tend to converge in a perfectly efficient market. Theoretically, motivated by profits, individuals and entities act as arbitrageurs. They will continue to arbitrage until there are no more profits to be made. That is when prices equalized and that is the essence of the law of […]

Those who value liberty place responsibility on a pedestal. Without responsibility, an entity is undeserving of liberty and deserves admonishment for its oversight. While it is heartening to witness the culture of liberty flourishing in Malaysia, it is unclear if the necessary responsibility associated with freedom is experiencing parallel development required of a mature free […]

Trivia: 167 years ago, on this day, Sarawak was ceded by the Sultanate of Brunei to James Brooke. Trivia 2: Early Portuguese catographers identified Sarawak as Cerava.

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