Filed under Economics

The pursuit of nostalgic goals

Published in Mindanao Times 8/31/08 “The world is full of people whose notion of a satisfactory future is, in fact, a return to the idealized past.” —Robertson Davies, A Voice from the Attic Casual or not, talks in our family seldom happened. Not that we are all reticent or mute, it maybe just one of … Continue reading

Nograles should heed the ‘blinking red lights’

Per Speaker Nograles’ logic, the only way to attract foreign investors is to change the restrictive economic provision of the Constitution—a move that obviously calls for Charter Change. But these are no halcyon days on the economic front. The world is suffering from a global financial meltdown. And experts say, the more exposed a country’s economy is … Continue reading

It’s not the Constitution, idiots!

If we were to believe our venerable Representatives, the only reason they want to change our Constitution is to further open up our market to foreign investors. No more no less. It isn’t a ploy to extend GMA’s or any other incumbent officials’ terms. By opening up our economy, foreign investments will be flooding in. … Continue reading

Time for smart government

Gone are the days when debates over the role (if at all) of the government vis-à-vis the economy centered on whether markets need big or small government intervention. With the whiplash of global economic crisis expected to hit badly by 2009, arguing if there’s a necessity—nay, urgency— for government interventions is simply not advisable. Economists … Continue reading

Relevant economics

Everyone’s decision is somehow guided, if not totally governed, by economics. It is thus important to study economics to make a sound decision, one that is built on solid foundations. But the study of economics tends to divorce the theories and principles of economics from real life. And this has led countless students in the … Continue reading