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Cambodia has a dark modern history and I always knew that. That knowledge did not bother me much previously because I did not really relate to it. Cambodia despite being so close to Malaysia appeared farther away from me than, for example, the United States where I spent my undergraduate years. Cambodia was some land […]

The statistics show that total crime in general has been declining since 2009, according to PEMANDU. Yet many members of the public distrust the statistics and insist that they do not feel what the statistics suggest. Others in the wild, wild world of cyberspace, where discussions can be very unrefined, openly call those in authority […]

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 […]

[2561] What inflation?

Kapil Sethi has a really odd piece yesterday in The Malaysian Insider yesterday. It started pretty alright by discussing crime but the strangeness began when he tried touch the realm of economics: At a deeper level though, this desperation points to a changing politico-economic environment that is forcing such radical shifts in behaviour. When there is […]

We live in a time of widespread economic crisis. Europe is in recession. For some European countries like Greece, it is effectively the Great Depression all over again. Economic recovery in the US is slow, with the labor market in May registering horrible statistics to suggest that the US recovery may be flagging. On the […]

Social mobility is crucial to the maintenance of a healthy liberal society. Inflexibility will have elites entrenched within the state apparatus and eventually becoming de facto dictators themselves, unless there is some sense of altruism among the elites. The monopoly of power itself is illiberal in so many ways. There are ways to address the […]

A trend that is true on an individual level does not necessarily translate into a similar trend on a societal scale. The most famous of all aggregation debates is probably the Keynesian paradox of thrift. Keynesians argue that too much saving by individuals could be unproductive. Too much saving eventually may make everybody poorer because […]

The articulation of concern for stagnating wages is well-rehearsed among Malaysians who are just entering the labor force as well as those earning low wages. For most fresh graduates especially, life in the city would be far more painful than it is without the support of their parents. Regardless of justification, many have complained about […]

In any kind of policy debate, there are always two elementary opposing opinions at work. One side subscribes to the ability of the state to produce outcomes better than society can if society is left to itself. The other is not so sure of that and prefers to err on the side of caution, ever […]

The anti-Lynas camp organized a public forum at the Malaysian Parliament some time ago last year. There was a panel of several men and women highlighting the cost of allowing Lynas to operate its rare earth metals refinery plant in Pahang. An expert took his turn to speak. He patiently explained the inverse-square law in […]

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