Nobody here heard of the Saharawis fight,
For an independent Western Sahara against the Morrocans. http://www.turkishdailynews.com.tr/article.php?enewsid=62889 http://en.wikipedia.org/wiki/Polisario
9 Jan 2007
So will the smart ones be there?
It seems like a great idea,
To nationalise all healthcare. I thought of it once but then again doctors aren't economists http://www.malaysiakini.com/letters/58533 If what that guy says happens smart people will stop becoming doctors. Only people with good hearts will be doctors but good-heartedness doesn't guarantee technological breakthroughs that will bring down the cost of medicine. Nokia is full of smart but greedy executives but now everyone can afford handphones.
To nationalise all healthcare. I thought of it once but then again doctors aren't economists http://www.malaysiakini.com/letters/58533 If what that guy says happens smart people will stop becoming doctors. Only people with good hearts will be doctors but good-heartedness doesn't guarantee technological breakthroughs that will bring down the cost of medicine. Nokia is full of smart but greedy executives but now everyone can afford handphones.
Where to buy medicines?
It doesn't matter who is selling,
As long as it is the best for the lowest possible price for the patient. http://www.malaysiakini.com/letters/61803 This only happens when the consumer doesn't have good knowledge( have second opinion), no choice( not to buy from the doctor) and no easy access( of course he is going to pay ridiculous prices instead of travelling two hundred miles to KL to get it). Freedom to choose.
As long as it is the best for the lowest possible price for the patient. http://www.malaysiakini.com/letters/61803 This only happens when the consumer doesn't have good knowledge( have second opinion), no choice( not to buy from the doctor) and no easy access( of course he is going to pay ridiculous prices instead of travelling two hundred miles to KL to get it). Freedom to choose.
Competition and choice
One reason why private companies aren't,
allowed in certain sectors is the argument that they will cheat the poor. What happens when the self-proclaimed protector of the poor is incompetent and not doing its job? http://www.malaysiakini.com/letters/61809 To make more money private companies have to continually satisfy customers. Government monopolies don't have to. Private investment companies anyone?
allowed in certain sectors is the argument that they will cheat the poor. What happens when the self-proclaimed protector of the poor is incompetent and not doing its job? http://www.malaysiakini.com/letters/61809 To make more money private companies have to continually satisfy customers. Government monopolies don't have to. Private investment companies anyone?
Ending the government's monopoly on education
This is one reason why it should be done,
It is hearsay in court but that doesn't mean it is not truth. People be the judge. http://www.malaysiakini.com/letters/61811 Competition makes things cheaper and give more choices. The parent will have choice to change to school that is better and lousy ones that try to be funny as above will wither adn die. Fancy losing your job?
It is hearsay in court but that doesn't mean it is not truth. People be the judge. http://www.malaysiakini.com/letters/61811 Competition makes things cheaper and give more choices. The parent will have choice to change to school that is better and lousy ones that try to be funny as above will wither adn die. Fancy losing your job?
8 Jan 2007
GINI coefficient
I always thought this was a lousy measure,
but I realised Malaysia Gini is 0.49! This is higher than the US which is at 0.4. It is a measure of the distribution of wealth compared to an ideal in which every segment of society owns the same amount.
If it is high in rich countries it is okay because no matter what the poor is still rich by comparison(e.g. Bill Gate's billions is of many percentage points of the economy compared to my thousands but I am not poor by any standard) but in a relatively poorer nation it is bad because it means to a certain extent the elite is benefiting at the expense of the poor especially if the economy is not growing or growing slowly.
I wonder what is the Gini co-effecient among the bumiputeras. I think it highlights the Malaysian leadership's ineffectiveness more than the equity issue. And its calculations is well much more standardised. ASLI should find out.
but I realised Malaysia Gini is 0.49! This is higher than the US which is at 0.4. It is a measure of the distribution of wealth compared to an ideal in which every segment of society owns the same amount.
If it is high in rich countries it is okay because no matter what the poor is still rich by comparison(e.g. Bill Gate's billions is of many percentage points of the economy compared to my thousands but I am not poor by any standard) but in a relatively poorer nation it is bad because it means to a certain extent the elite is benefiting at the expense of the poor especially if the economy is not growing or growing slowly.
I wonder what is the Gini co-effecient among the bumiputeras. I think it highlights the Malaysian leadership's ineffectiveness more than the equity issue. And its calculations is well much more standardised. ASLI should find out.
Time for a change in management?
Every ruling party after spending too much time in power,
will grow complacent and sooner or later will lose the elections or experience a change of regime. Sometime soon someone will be setting a viable alternative opposition party that will encourage debate and the momentum for change will be too great to be resisted. Until then there will other alternative parties that will come and go. However they need to come by to pave the way.
will grow complacent and sooner or later will lose the elections or experience a change of regime. Sometime soon someone will be setting a viable alternative opposition party that will encourage debate and the momentum for change will be too great to be resisted. Until then there will other alternative parties that will come and go. However they need to come by to pave the way.
Can Keynesian work?
I don't believe in it,
But I suspect it might work if the government gives up its monopolies and be as accountable as other companies with whom they will be competing against when it comes to providing services.
Seriously I do believe private companies can build low-cost housing at a lower cost and with higher quality albeit at a higher price due to the limitations of technology. But remember even the richest most glorious emperor two hundred years ago didn't have flowing water and indoor plumbing. And what is the point of affordable but low-quality housing?
But I suspect it might work if the government gives up its monopolies and be as accountable as other companies with whom they will be competing against when it comes to providing services.
Seriously I do believe private companies can build low-cost housing at a lower cost and with higher quality albeit at a higher price due to the limitations of technology. But remember even the richest most glorious emperor two hundred years ago didn't have flowing water and indoor plumbing. And what is the point of affordable but low-quality housing?
The ideal civil servant
I posted about him before,
but now I know his name. http://en.wikipedia.org/wiki/Yu_%28Xia_dynasty_ruler%29 . This man examplifies what it "he who is greatest is the servant of all". Okay he was kind of cruel the part that impressed was never going home for 13 years. If only our leaders will serve masses with one tenth of the perseverance.
but now I know his name. http://en.wikipedia.org/wiki/Yu_%28Xia_dynasty_ruler%29 . This man examplifies what it "he who is greatest is the servant of all". Okay he was kind of cruel the part that impressed was never going home for 13 years. If only our leaders will serve masses with one tenth of the perseverance.
Need for accountability
the government is like a corporation,
and the tax-payers its shareholders. If private companies are required to be externally auditted to make sure they don't cheat why shouldn't the government also be externally auditted?
We are after all entrusting them with a lot and alot of our money.
and the tax-payers its shareholders. If private companies are required to be externally auditted to make sure they don't cheat why shouldn't the government also be externally auditted?
We are after all entrusting them with a lot and alot of our money.
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