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Example of low-life mind Du30 supporters of Martial Law
The other day, a lawyer-friend reposted a PH diplomat's post about the PDu30 government, portion of which says, "Philippine democracy remains alive and vibrant."So I posted at my friend's wall this GMA...
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BWorld 133, Dissecting Dutertenomics' overspending plan
* This is my article in BusinessWorld last Tuesday.During the BusinessWorld Economic Forum held last May 19, Budget Secretary Benjamin E. Diokno showed two interesting charts: (1) sustained...
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Climate Tricks 61, Hysteria and tantrums over Trump's withrawal from Paris...
Finally, US President Donald Trump has officially dumped the Paris Agreement of 2015. He declared yesterday,“We will cease honoring all non-binding agreements”, and “will stop contributing to the green...
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Mining 52, Regulations and bureaucracies, the mining communities
Two news reports from the Manila Times last month about the ugly result of continuing business bureaucracies and heavy political intervention in the mining sector. The news on Regulations further...
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BWorld 134, PPP vs ODA
* This is my article in BusinessWorld last week.Among the important characteristics of the user-pay principle is that only those who use the service or facility will pay for its construction and...
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Transport Econ 21, E-trikes halted, P455k each
See these news reports about this weird "more tricycles to save the planet" ADB loan.From the MBreport,“For the e-trike, I already cancelled the loan – supposedly the funding for 100,000 e-trikes. But...
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BWorld 135, On reducing the distribution system loss
* This is my article in BusinessWorld last Wednesday.When matter changes form, there are certain “system loss” that occur. Like a one-kilo dressed chicken becomes less than one-kilo once it is cooked...
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Energy 96, ACEF 2017 at ADB, panel on private sector in renewables
Last Monday, June 05, I attended the first day of the four-days Asia Clean Energy Forum (ACEF) 2017 conference at the ADB. I went there to see new discussions and data on how organizers and speakers...
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Neuroscientist, Duterte and Du30 fanatics
A friend, Selwyn, posted in his fb wall about this news report.Then a Rose Bascon commented, my comment to her...My beef is that people should stick to the issue, the thread which in this case, is...
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BWorld 136, Income tax and the politics of envy
* This is my article in BusinessWorld last Thursday.“The income tax created more criminals than any other single act of government.”-- Barry Goldwater (US businessman and five-term senator)“The...
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US and China stockmarkets, huge divergence
One year until yesterday, US vs China stocks, below. What does this mean: that global investors have rising trust of the US economy but flat or rising distrust of the China economy? More trust in Trump...
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BWorld 136, ASEAN trade expansion and RCEP
* This is my article in BusinessWorld last June 09, 2017.Despite various protectionist rhetoric by many world leaders against free trade, deep inside they know that there are “net gains” from trade and...
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EFN Asia 65, EFN panel at Jeju Forum 2017
The Economic Freedom Network (EFN) Asia participated once more at the annual Jeju Forum for Peace and Prosperity, a big international conference held at Jeju Island, S. Korea. I am reposting this...
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BWorld 138, PPP vs ODA, Part 2
* This is my article in BusinessWorld last week.“The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to...
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Sugar tax and nanny state
Why the DOF's sugar tax bill in Congress is lousy.1. The state is further addicted to tax-tax-tax mentality and policy. 2. This 2-tier taxation (higher tax for imported sugar) is anti-WTO rules, DFA is...
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BWorld 139, State central planning vs household decentralized planning
* This is my column in BusinessWorld last week.“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design... Planning leads to...
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Pol. Ideology 71, Georgism and the geolibertarians
A friend posted in one of my fb groups this question, "Do free markets and privatization encourage monopolies?"I replied that innovation creates temporary micro monopolies. Government franchising,...
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Oil competition, US vs OPEC
Thank you for competing with OPEC and Russia, US shale oil capitalism. I hope we can go back to below $40/barrel again."The resurgence of U.S. shale is already complicating OPEC’s efforts to draw down...
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BWorld 140, Mineral rent and taxation
* This is my paper in BusinessWorld last Wednesday.The Philippines’ mining potential is inversely proportional to government mining policies.Until about two years ago, the debate was on how much tax...
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Asia stockmarkets the past year
Stockmarkets in Asia the past year until today. PH, ID, TH and MY, respectively. Is PDu30 inspiring to business or not? Data from http://markets.wsj.com/asiaCN's Shanghai, Shenzhen, HK, TW,...
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