Capital accumulation as an idea sits close to the center of modern economic growth theory. Any introduction into the field will begin with physical capital accumulation, before population growth, technological progress, human capital and even institutions are progressively thrown into the mix to explain the real world. As far as modern macroeconomics is concerned, I […]

With only about 200 pages , finishing The Colour of Inequality was easy. Written by Muhammad Abdul Khalid, the book is priced at MYR40, which is much more affordable and easier to read than the thick Capital in the 21st Century by Thomas Piketty. Just for the fun of it, I calculated that the Gini […]

I spotted three paperback copies of The Myth of the Lazy Native at Kinokuniya, Suria KLCC yesterday and it astoundingly cost approximately RM388, a price enough for the acquisition of two hard copies of any contemporary publication. The price is all the more shocking given the thickness of the book. But then again, maybe it […]