Perhaps our universities should start adopting “The Undercover Economist” by Tim Hartford as their main teaching materials to ensure those undergrads understand how does corruption hinder economic progress. However, i just worry that when they start to understand more economic rationales they will also master the art of corruption and at the same time prolong our undemocratic rules just to enrich themselves. At the end, the system not only maintained but inflated with more supporters with self interest.
I am still quite optimistic that we will be able to stop the rot sometime in the near future but we need some kind Big Bang explosion of worsening economy. Only then our nation will wake up from their dream and start seeking ways to address this issue. Of course the most effective and direct approach is change of govt though it may not guarantee instant result. Everyone need some kind of shock to stimulate our thinking process.
As we have achieve certain level of economic success, it will form the foundation for us to build a shield of defense against declining economy where everyone still looking for further economic progress or at least maintain the current state of living standard. Just like people who use to travel by own car would not willingly change to public transport. Hopefully, this logic will work itself into seeking changes and ensure our economy will not slide further.
01/07/10
I am still quite optimistic that we will be able to stop the rot sometime in the near future but we need some kind Big Bang explosion of worsening economy. Only then our nation will wake up from their dream and start seeking ways to address this issue. Of course the most effective and direct approach is change of govt though it may not guarantee instant result. Everyone need some kind of shock to stimulate our thinking process.
As we have achieve certain level of economic success, it will form the foundation for us to build a shield of defense against declining economy where everyone still looking for further economic progress or at least maintain the current state of living standard. Just like people who use to travel by own car would not willingly change to public transport. Hopefully, this logic will work itself into seeking changes and ensure our economy will not slide further.
01/07/10
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1 comments:
We are in a grip of denial so strong that it is going to undo whatever our founding fathers have built.Is there no leader in our midst who will stand up and put an end to this. Daily we a feasating on an orgy of revelations about large sums of money held by inviduals in foreign banks and yet our law enforcement is running behind DSAI.
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