Economics Example

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) Market failure – education, healthcare. Bottom line – no free […]

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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, Mr Lee. It has come to my attention that although

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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!     To deal with ever-rising property prices in 2008, Singapore Government

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