What are the social costs of polluted air, paper ashes flying, a burning smell and general throat irritation? It’s clear that there are high negative externalities associated with burning paper money during hungry ghost festival. It’s interesting that the Singapore government tax petrol (ok, partly to prevent traffic congestion, but surely reducing air pollution and… Continue reading We should tax paper money
Category: Personal Life
iTunes U & Education Applications
I was quite sure that before the Sept 9 Apple Event, iTunes U was not available in the Singapore iTunes Store. Now, we can finally subscribe to some of the amazing podcasts that are available, many of them from the finest colleges around the world. Hopefully this also means that Singapore will have its own… Continue reading iTunes U & Education Applications
And this is how you know I’ve got an exam coming up
Speaking of which, my General Paper is tomorrow. Wish me the best of luck.
Excessive Profits – Consumer Rip-off?
If a company makes excessive profits, does it truly mean that the consumer is being ripped off? In the short run, it may definitely seem so, but in the long run, excessive profits can actually mean higher consumer welfare. How does this work? It’s this little thing called incentive. With a high profit margin, companies… Continue reading Excessive Profits – Consumer Rip-off?
I am here now!
I have managed to get a large part of my new site/blog setup within one day of moving to my new host! However, I am still working on tweaking the theme (it’s not perfect) and of course getting a few plugins to extend the functionality of WordPress. But otherwise, this should be home sweet home.… Continue reading I am here now!