Category: Books & printed materials

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Books & printed materials Politics & government Society

[2958] Reviewing We Are Marching Now

I try to read (and finish) at least a book a month. That is a slow, given there are hundreds of titles in my to-be-read list. So long is the list, that I have stopped updating them altogether, realizing keeping track of my appetite is a futile exercise. But when We Are Marching Now by Danny Lim came out, I put it right into the list and bought it when the author launched his book at Central Market in downtown Kuala Lumpur. I paused my current read—Bill Hayton’s The South China Sea, which is about the history of China’s territorial claim in the area—and started going through my latest purchase.

I enjoyed the book. It was an easy read.

While reading it, I struggled to think of similar books published in Malaysia. By similar, I mean a book in the style of investigative journalism. There is Billion Dollar Whale but that is not a Malaysian publication, though it is about the country. While I have not read it, Money Logging by Lukas Straumann is another. I have not read too many investigative genre myself. My last read before Billion Dollar Whale was Bob Woodward’s The Agenda about the Clinton administration.

I might be wrong, but it does look like We Are Marching Now is one of its kind, as far as Malaysian publication is concerned. If not, then it has to be a very rare breed at the very least. That makes it refreshing within the context of local publication.

As for the topic of the book itself, I have a short remark: the book is about the genesis of Bersih, understood through various interviews the author had with personalities involved in the early days of the organization. I think the author did a good job weaving the interviews together to form a coherent narrative.

Additionally—others have mentioned this—it is worth highlighting that political parties played a crucial role in making Bersih a success.

I think this is an important point to be remembered by civil activists who value non-partisanship above everything else. It is not easy to gain public support and then corral it towards a cause. More often than not, political parties excel at that, more than anyone else. Yes, party politics are messy and self-interested. Events in the past two or more years have been nothing but angering. But when it is done right, these parties could be a powerful force for good, as in the case of Bersih.

I have been to all of the Bersih protests, and here, I want to leave you with, possibly, the favorite of mine, out of thousands I snapped from those protests:

By Hafiz Noor Shams. Some rights reserved. Creative Commons. By attribution.

Categories
Books & printed materials Economics Politics & government

[2955] Reviewing The Republic of Beliefs

Do laws matter? How do they matter? When do laws work? Why should a law work just because it is written on a piece of paper?

Kaushik Basu explores these questions in his 2018 book The Republic of Beliefs: A New Approach to Law and Economics. He utilizes game theory to answer the questions. Basu is an economist with wide experience in public policy.

By Hafiz Noor Shams

From the very start, he is skeptical of the power of the law as understood through Hobbesian lens. He largely rejects the idea that laws function primarily through the threat of force. In place of coercion, he places beliefs firmly at the center of the answers, with possibility of coercion working only to modify beliefs. We are governed more by beliefs, and less by coercion.

To convince his readers, he lays out the basics of game theory. Luckily for most of us, he does not write down too many formulae. In doing so, he avoids turning a good chunk of the book into a dense game theory textbook. Charts are aplenty to deliver the same messages mathematical formulae would. All I am saying here is that the book is quite readable.

The point of the crash course (or review for those familiar game theory) is to ease readers into the idea of focal points, a concept imported from psychology (was it? I am unclear here). Within the context of game theory, focal points are a subset of equilibria as understood in economics. It’s a signpost to coordinate responses. Once all prerequisites in place, Basu delivers his central thesis: laws work to push society towards a preferred equilibrium, out of many equilibria.

Laws alone do not create equilibrium. A law that forces society towards a non-equilibrium outcome will suffer from serious ineffectiveness. That ineffectiveness translates into frequent violations as rules are ignored, or circumvented via corrupt ways.

This is an important point to be learned by policymakers. I write so because I see lawmakers more often than not prefer non-equilibrium outcomes and propose complicated policy to address problems arising from such non-equilibrium. So complicated, that their proposals end up creating bigger problems (wink wink: chicken prices and palm oil subsidies in Malaysia).

Perhaps, this idea can be better explain through the problem of smuggling. Political commentators and even ministers (BN, PH, PN or whatever) have blamed the smuggling of something (cigarette, rice, gasoline, anything) on imperfect enforcement. And so, their solution is to put more money into greater enforcement. But the primary problem is not enforcement—though weak enforcement itself creates beliefs regarding (in)credibility of laws (but I will skip that part and encourage you to read the book for deeper treatment). It is about the law itself, which attempts to move society to a non-equilibrium outcome. And that non-equilibrium leads to corruption.

The prime problem, typically, lies in demand itself. Here, I believe Basu would claim, to fight smuggling, preference or behavior itself has to change. And behavior depends on beliefs.

More specific to Malaysian context, I think this is where attempt at ‘generational end-game’ for smoking will likely do more at curbing future tobacco smuggling than any ‘greater enforcement’ initiative would. There will be no cigarette to smuggle if people do not like smoking in the first place.

I think that (focal points) is the greatest insight from the book. But there are other points of interest.

One is the history of law and economics. The author goes back to Hobbes and Hume, but I am more interested in his treatment of modern history when Basu writes about neoclassical understanding of laws as provided by Gary Becker. Basu criticizes the modern economics approach towards law by stating a typical neoclassical model ignores the interest of law enforcers and other agents of the state (that include functionaries like judges and prime ministers). He zeroes in on the inconsistency of neoclassical understanding of law: citizens are assumed to be rational agents, but agents of the state taken as robots obeying everything they are told to do. In that way, neoclassical economists working on the intersection of economics and laws regularly sidestep the problem of corruption. Basu suggests, agents of the state should be considered as rational too, and their obedience should not be taken for granted. In that way, economists can tackle corruption problem more directly.

Despite his criticism of the neoclassical approach, Basu does not call for a complete culling of the school. Rather, he wants to improve those models by expanding it in a meaningful way. Indeed, the way he writes the book, it feels like a pioneering work built up on neoclassical approach.

Categories
Books & printed materials Economics Politics & government

[2954] The frustrating read that is Notes to the Prime Minister

The ringgit has been on a depreciating trend versus the US dollar since early April 2022. While it is natural for Malaysians to focus on the ringgit, the depreciation is best explained by the strengthening of the US dollar against a slew of other currencies. Global events are triggering capital to head to the US, leaving other economies having to deal with the repercussions of such capital flight. But this fact does not stop Malaysians from calling domestic authorities to do something about the depreciation. Former Prime Minister Mahathir Mohamed recommends Malaysia pegs the ringgit as the country once did.

This is where Wong Sulong’s Notes to the Prime Minister: The Untold Story of How Malaysia Beat the Currency Speculators might be useful in providing greater details how pegging and capital control of the 1990s came about.

Unfortunately, the book does not do the job very well by digressing too much.

The book is firstly a reproduction of notes Nor Mohamed Yakcop wrote for the Mahathir at the heights of the crisis. Nor Mohamed is the architect behind the pegging and possibly the brain behind the rebuilding of Malaysia post-Asia Financial Crisis.

Secondly, it is an unexpected festschrift-like tangent in honor of the man, written by men and women (themselves had, and have, big roles in corporate Malaysia post-1998) Nor Mohamed recruited to head various government bodies and companies.

While the notes are useful and enlightening, the book is deficient in a way the notes are ill-supported by context-making commentaries. Because of the structure, the book makes a disorienting read, which leaves me dissatisfied.

When I bought the book some time back, I had expected it would discuss how Malaysia came to the decisions it made, and how the debates among those in power went. Furthermore, given the book was published more than 10 years after the crisis, possibly a critical review of the pegging and capital control.

There is no critical review. When I write critical, I do not mean criticizing the actions. Rather, I expect an examination why the policy worked for Malaysia. What we have instead is assertion that it worked and everybody else in the world was wrong.

Debates had around the various policies advocated by Nor Mohamed through notes are totally absent. A reader would need prior and outside knowledge of the economic and political environment of the 1990s to truly comprehend the reasons and tensions behind the notes. For instance, Nor Mohamed in his letters to Mahathir here and there criticized decisions taken by the Finance Ministry and the central bank, both of which were responsible to the then Finance Minister, Anwar Ibrahim. But Wong Sulong left the tensions largely out. I did not expect a full political analysis of tensions between Mahathir and Anwar, but I think it would be reasonable to expect an exploration of policy difference between the two men in response to the Asian Financial Crisis.

This makes me feel reading the book a little like reading Malaysian newspapers in the 1990s and the 2000s. Journalists during those decades (sometimes, even now) liked to write about the government’s reply to an issue, but not the issue itself. Imagine the government saying “everybody is alright” in response to a major vehicular accident, but that accident is not mentioned at all. The public of that era would have to guess what the government was referring to. Reading Notes to the Prime Minister is a little bit like that: frustrating. Annoying even.

Nor Mohamed proposed multiple policies in his notes, but readers are left to guess whether the policies were adopted. This is yet another example how the Wong leaves the notes uncontextualized.

My frustration grows further when in the chapters following the ‘notes,’ the book goes off tangent to celebrate Nor Mohamad. The man deserves to be celebrated, but the book overly does it by having various then-contemporary corporate captains (several of them are still active) recounting how they met the man and describing the man’s best traits in a festschrift style.

Nevertheless, some of the stories told help readers understand some aspects of government policy in the 2000s. I also become more appreciative how many GLC men and women were Nor Mohamed Yakcop’s men and women. When Najib was at war with Mahathir, and reopened the forex scandal of the 1980s and inevitably found Nor Mohamed as the number one scapegoat, I wonder how these men and women felt. But again, these insights come only frustratingly indirectly.

Finally, the notes themselves are fascinating. I learned one or two things that I took for granted before. I think more importantly, I am just impressed how detail-oriented Nor Mohamed Yakcop was, how knowledgeable he was, and how he was able to explain complex financial transactions in simple terms to the Prime Minister. Very clear-minded.

Categories
Books & printed materials Pop culture Sci-fi

[2945] Watching Foundation

Amid the Dune hype, it is easy to miss the other classic sci-fi hitting the screen. A different screen in a different format, but screen nonetheless. Isaac Asimov’s Foundation has been adapted for Apple TV+ streaming service with 8 of 10 episodes aired. I myself found out about it after browsing Facebook.

I read Foundation a long time ago as a teenager, and the idea of psychohistory was so attractive that I was bought into its universe so deeply. I know Star Wars before Foundation, but I understand Trantor, the capital planet of the Empire in Foundation, first before Coruscant, the capital of the Empire in Star Wars.

I was not the only one loving Foundation obviously. I could not. I remember reading in an interview where Paul Krugman said he went into economics because of Foundation; the predictive power of psychohistory does have a hint of economics in it. Lots of probabilities, and possibly econometrics.

But that was a long time ago, and I admit, I do not remember all the details. My reading list meanwhile has moved on from science fiction to stuff grounded more on reality. There is only one unread sci-fi on my shelf waiting to be opened: Cixin Liu’s The Three Body Problem (okay, there is also Forward the Foundation, but I was told, it is an unjust prequel to the original trilogy).

So, I thought I must be getting old and utterly forgetful when I watched the first episode of Apple’s Foundation. While Hari Seldon was there, the details did not feel right. The Genetic Dynasty? Could I have missed something that big? The pace of the series, as I kept on watching the rest of the series, felt too fast to what I remembered it. In the novels, hundreds of years would pass. In the series, less than a human lifetime.

As it turns out, my memory is fully intact. A little internet refresher reminds me of the Foundation I know. Further research reveals that the series diverges away from the novel, adding new elements and throwing away some.

I know people who are angry at this. The deviation from the novel feels blasphemous. Foundation feels like a holy book, and the series defiles it.

At first, I felt the same way, but really, at risk of being cancelled, I enjoy the series. I really do (and I really like Jared Harris, the man playing Hari Seldon, from his Sherlock Holmes days).

And clearly this is not the first time an original work has been reimagined. Star Wars, under Disney, did that when they threw out of the window all of original storylines told by the Thrawn Trilogy and more. Marvel, under Disney too, definitely changed the background to some of its major characters. Star Trek rebooted its whole universe, rather unsuccessfully if I might add.

So, as blasphemous as it might be, the act of fiddling the original story, I have been desensitized to the idea. A retelling could be as fulfilling as the reading the original.

After all, we are living in an age where actual history is being reassessed and retold in different lights. Old understandings are being overturned. Revisionism aplenty.

Not be quite a parallel, but it seems like a zeitgeist of our time.

Categories
Books & printed materials Fiction

[2943] From Afghanistan to Algeria

These days, I generally prefer reading non-fiction to expand my knowledge. So far, it has been mostly history, mixed with a little bit of politics and economics. And it has been Malaysiana-heavy. So, I thought I needed a break from this and picked up some fictions for a change.

I recently finished reading two of them. One was The Art of Losing by Alice Zeniter, which is set in Algeria and France. The other is Khaled Hosseini’s The Kite Runner, set in Afghanistan, Pakistan and the United States. Both have the protagonists having lost their country to armed conflicts, and ended up as refugees in foreign but adopted lands.

I enjoyed them. And I thought I learned a little bit about Algeria and Afghanistan.

After completing almost every chapter, I found myself consulting Google Map and Wikipedia trying to comprehend the context sets by the both authors in their respective work. In The Art of Losing, I was attracted to paragraphs of Hamid the little boy remembering Algeria as Algiers, the white city on the coast of the Mediterranean despite only passing by the capital and having not living there, ever. He and his family were fleeing the country, and hectically catching a boat in order to cross the sea to get to France. That was the last time he saw Algeria.

Zeniter’s description of Algiers made me curious. A white city by the Mediterranean. That made me read more about it and searched for pictures of the city from the sea. On Google Map with its 3D feature, Algiers looks as described: a city of layers of white 3-4-5 storey buildings lining up the Algerian coast. And I did not realize the northern part of Algeria was quite green. When I thought of northern Africa, I could only think of mountains and deserts. I had extrapolated wrongly.

There is a scene in The Kite Runner where Hassan and his father were escaping Taliban-ruled Afghanistan. They were smuggled out of the country in a truck through the famed Khyber Pass. They needed to reach Peshawar in Pakistan that lies on the eastern end of the pass. I watched a couple of Youtube videos to understand the geography of the pass and comprehend the difficulty of the journey.

I have never been to either country, although I think I have flown above Afghanistan before en route to Europe several times. From what I could make from high up in the sky, the Afghan terrain is absolutely rugged.

But between Algeria and Afghanistan, I know the latter more. I was in the United States when the September 11 Attacks occurred, and Afghanistan was a constant feature in American politics for much of my time in Michigan. The Kite Runner makes reference to the US invasion and occupation of the country. More than that, the characters in the Kite Runners celebrated the fall of the Taliban:

That December, Pashtuns, Tajiks, Uzbeks, and Hazaras gathered in Bonn and, under the watchful eye of the UN, began the process that might someday end over twenty years of unhappiness in their watan. [Khaled Hosseini. The Kite Runner. Page 316. 2004]

People have been telling me The Kite Runner is an emotional book. Some cried. I did not, but I felt some sadness upon reading the sentence above, knowing the Taliban has returned, twenty years later. I personally feel the US leaving Afghanistan is a mistake. But never mind.

Algeria is more of a mystery to me. I know where it is located: sandwiched between Tunisia and Morocco. know the capital, and I know it is a Muslim country. I recognize its national flag. I may know a little bit about general classical history involving the Romans. But little else. Ask me about modern Algerian history and I will draw a blank. I have an Algerian French friend that I have not met for a long time, but I was not about to bombard her with questions. So, I read additional material online about modern Algeria, about the FLN that fought for Algerian independence and other relevant topics.

I have a copy of Tournament of Shadows by Karl Ernest Meyer and Shareen Blair Brysac sitting on my book shelf. The book would tell me about Afghanistan much more than The Kite Runner could. But the non-fiction is 700-page long, and has been left unread and untouched for more than 5 years. Moreover, I do have a long list of other books I want to read. So, until the day I start reading that thick book, The Kite Runner (and The Art of Losing) will do.

Are the two poor substitutes to non-fiction as far as learning goes? Maybe, but I enjoyed them thoroughly.