Category: Anecdotes

  • End of oil II

    After penning the End of Oil, I was bothered by my switch of camp. In some sense I had become a new kind of neo-Malthus but yet I resist the analogy. I think the struggle we have today with carbon emissions is different from the issue of resource conservation like in the case of land…

  • Rainfall & showers of blessing

    It’s been a really wet Lunar New Year season. The downpour was incredible and yet it did not flood. My expat friends were quite impressed by our drainage systems. Well, we have had episodes of “ponding” which were pretty severe before. And the government agency PUB had stepped up on drainage management. Things have obviously…

  • End of oil

    Many years ago when I first thought about the study of Economics, there was the prevailing concern about oil reserves running out and the world running out of fuel. It was 2005 and the economist even had an issue where the cover page was showing the reflective colorful swirls of oil. The economists would argue…

  • Sizing the slices

    How much time do we take to bake a pizza compared to working out the even-ness of the distribution of various ingredients on the pizza and then slicing it all up into sufficient slices to be shared around the table. And why does that matter. So it matters when there are different people involved in…

  • Market capitalism

    Economics is not a discipline of the capitalist though they might think so. Because the communist had their study of economics and the manner of trying to deploy the calculations and understanding in central planning. But I digress. What I’m pondering over recently, is that intricate link between the market and capitalism. I wonder, if…

  • Da Hong Pao Oolong

    Authentic Tea House, a brand under Coca Cola Singapore used to sell these cans of Chinese tea (unsweetened) that uses Da Hong Pao tea leaves from Wuyi mountain or so they claimed. Da Hong Pao is itself a very expensive variety of tea and this canned tea was very popular in Singapore for quite some…

  • Dig and ship

    Australia is extremely resource rich and has low population density. The demand for its resources will come from elsewhere. And the reason is probably that those are industries already established elsewhere and needs those raw materials from Australia because they already squandered those they have nearer to them. So for decades, minerals, and other resources…

  • Industry chains and value chains

    It was interesting to look at the copy and storytelling of this TWS’ piece sponsored by Ministry of Trade & Industry. The main message is around skills and jobs upgrading and the changing economic situation of a country that developed. I appreciated the empathy and recognising that the economic shifts do cause people to be…

  • Who does the market serve?

    For a government, it makes sense to periodically step back, figure out who and what the market is not serving that it should really be serving and create interventions to redirect the market. This is why carbon regulations, carbon pricing and systems of disclosure is so important. And all of these entails the government and…

  • Fraud and shortcuts to success

    Maybe I’m writing this too early given the case just surfaced. I’m talking about JP Morgan’s allegation that Javice Charlie fabricated customers in order to inflate the price that she could sell her startup, Frank. It’s ironic to some extent that the fintech startup was supposed to help students cut through opacity with the college…