Archive for Economics Example

DPM Tharman explaining economics concepts

DPM Tharman explaining economics concepts

Many oppositions promised – universal healthcare, free handouts etc. But little do they know how much these will strain on Singapore’s finance. Listen to how DPM Tharman using laymen economics to explain the following economics concepts: 1) Tax and fiscal policy; 2) Income redistribution; 3)…

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2 Cows Economics

2 Cows Economics

SOCIALISM You have 2 cows. You give one to your neighbour. COMMUNISM You have 2 cows. The State takes both and gives you some milk. FASCISM You have 2 cows. The State takes both and sells you some milk. BUREAUCRATISM You have 2 cows. The…

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Good read on the Greece Saga

Good read on the Greece Saga

My take – the exit from Euro is inevitable and unprecedented. The good – Greece will have fiscal and monetary autonomy (no longer capped fiscal requirement by EU and can print their currency, Drachma). Greece can thus adopt expansionary fiscal and monetary policies more effectively…

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Lee Kuan Yew’s Economics Contribution to Singapore

Lee Kuan Yew’s Economics Contribution to Singapore

    Before reading further into this entry, let us observe one minute of silence for the passing of Singapore’s greatest founding father, Mr Lee Kuan Yew on 23rd March 2015, a date all Singaporeans will remember as long as they live. May you R.I.P,…

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Demand and Supply in Singapore – Property Prices Part II

Demand and Supply in Singapore – Property Prices Part II

  Previously, we shared about the rising property price in Singapore from from 2008 till end of 2013 using economics theory : Demand and Supply and how is it applicable in Singapore. Today, we will be sharing about the plunging property prices using the same analogy!  …

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Demand and Supply in Singapore – Property Prices Part I

Demand and Supply in Singapore – Property Prices Part I

  “The property price is rising faster than rocket?!”   So what exactly causes property prices in Singapore to rise and fall? And you will be surprised (or not so surprised), it is determined solely by the Demand and Supply of Singapore Properties!   In…

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Demand and Supply in Singapore – Yes I Do

Demand and Supply in Singapore – Yes I Do

Do you know that the three most expensive words in Singapore is ” Yes I Do”? According to a recent Straits Times article, cost of marriage has risen sharply. For a weekday wedding package wedding dinner package for a table of 10 in a 5…

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3 Swiss Products You Should Avoid Now

3 Swiss Products You Should Avoid Now

The Swiss Franc has strengthen “only 18%” against the Euro on a single day in 15 Jan 2015. In a nut shell, do you know that products made in Switzerland is approximately “18% more expensive” overnight! It is not everyday that you experience such double digits…

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Three Reasons Why Saudi Arabia Does Not Want A Higher Oil Price

Three Reasons Why Saudi Arabia Does Not Want A Higher Oil Price

We all know that Saudi is a huge oil exporter and is influential in dictating oil prices. D Currently, oil prices are at all time low of US$50/barrel (versus $100/barrel not too long back). So have you considered why don’t Saudi cuts its oil production…

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Hitler and Hyperinflation

Hitler and Hyperinflation

We all know that the rise of Hitler and Nazism in Germany after WWI was mainly due to the unfair terms in Treaty of Versailles. But do you know that rise of Nazism was also partially related to Economics, in particularly, an example of hyperinflation?…

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