Saturday, January 30, 2016
Another one, this time, Equality is not = equity. Hmmm....
Ok. So from the above, there is a definition on (a) equality vs. equity, (b) sameness vs. fairness. Let me add now another dimension, (c) justice and equity vs. laziness. Because I think both illustrations are wrong. Why?
Oopss, there's another variation.
Why can't people recognize that the younger child, boy or girl, is at a disadvantage in the present because he/she was born later. His/her optimal time is in the future, when the older kids/people become much older and retire.
I am one of the signatories, on page 14. I was invited by a good friend in the US, Dr. Willie Soon, an astrophysicist. It seems that I am the only signatory from South East Asia.
Climate Tricks 47, Severe UK flooding due to "man-made" warming, climate change? December 30, 2015
Friday, January 29, 2016
The paper discussed Pakistan's experience of 3 phases of trade liberalisation:
A different definition of unilateral liberalization, "liberalisation from below", good nonetheless. For me, unilateral liberalization means no need for negotiations, just one-way liberalization, that very often builds confidence and reciprocal liberalization by other trade partners. Examples of HK, Singapore, Chile, New Zealand unilateral lib. But I digress.
Good advocacy by PRIME. Unlike in South East Asia though, economies in South Asia including Pakistan, India, Sri Lanka, Nepal, Bangladesh, the pace of liberalization is rather slow. Nonetheless, slow liberalization is better than continued protectionism.
Welfarism 22: CCT, 4Ps and Central Planning, October 14, 2012
Thursday, January 28, 2016
Business 360-31, SAARC, RCEP and free trade, December 23, 2015
The top 20 biggest corporations in the Philippines in terms of gross revenues in 2014 were:
(1-5) Petron, Meralco, Shell, TI, Nestle; (6-10) Mercury, Toyota, PAL, PMFTC, SanMig Foods;
(11-15) Globe, PLDT, Smart, BDO, Chevron; (16-20) Robina, Puregold, SanMig Brewery, PASAR, Metrobank.
Meralco suffered an 11% decline in revenues in 2014 vs 2013? Why, many users, households and corporations have shifted to low-watts lights, appliances, electronics? Others in the top 50 that suffered a decline in revenues in 2014 were TI, PLDT, PASAR, Metrobank, Landbank, SMC, Amlife, FGPC.
Those that experienced at least 15% jump in revenues were: Toyota, PAL, Robina, Sunlife, Cebu Air, SunPower, Megaworld, HHIC, Robinsons Supermarket, and PTT.
To the campaigners of "demonize and hate the 1%", it is not good to pull down the rich and efficient individuals and corporations in society just to close the gap with the very poor. Besides, many of these "big" corporations in the Philippines are just medium size compared to the really big corporations in East Asia, like those huge companies in Japan, China, S. Korea, Malaysia, Thailand, Indonesia, HK, Singapore.
See also, Philippines' Top 1,000 corporations, 2007, January 08, 2009
Wednesday, January 27, 2016
EFN Asia 50, New network member, Center for Indonesian Policy Studies, September 25, 2015
EFN Asia 51, Draft program, Day 1 of Conference 2015, November 05, 2015
EFN Asia 52, The 5 fishbowls of economic freedom in Asia, November 20, 2015
EFN Asia 53, Successful Conference 2015 has ended, November 25, 2015
Joe Stiglitz and the Market, December 16, 2008
Rule of Law 3: AIG Bonuses, Government Bail-outs, March 18, 2009
NINJA loans, October 12, 2010
On the recent US housing bubble, January 05, 2011
Fiscal irresponsibility 12: More on US debt default, July 28, 2011
Tuesday, January 26, 2016
Back to back with "Snowzilla" and another "Snowmageddon" in the US East Coast, "man-made" global warming hits East Asia too. Hey UN, Al Gore, WWF, Greenpeace, Oxfam, CCC, WB, ADB, other planet saviours, you want more money from us so you can fight less snow and more snow, less rain and more rain, less flood and more flood, less dogs and more dogs?
Some news reports this week.
Meanwhile, here's one of several forecasts of El Nino-La Nina events. El Nino to end around June 2016, La Nina to start around October this year.
Nature keeps telling us that it has no "unprecedented, unequivocal" fever. That heavy governments, UN, various multilaterals, bilateral institutions not needed to "fight anthropogenic climate change." CC is natural and cyclical. Check paleoclimate data, they are very useful.
Global warming hits Asia, December 28, 2010
Global warming hits Asia, part 2, January 20, 2011
Global warming hits Asia, part 3, February 15, 2011
Global warming hits the Philippines, January 04, 2011
Saturday, January 23, 2016
Now here is a testimony by one Globe customer, Sara Pagsibigan, whose story went viral, shared 17,235 as of 10:42pm tonight as I write this.
Globe, Mr. Ayala -- your company should be ashamed of this viral story. Globe should produce a corporate position paper recognizing this lousy service and inform your subscribers what steps have been taken to avoid similar situations. Or you produce a large-scale denial story and show that you were indeed very friendly, very sensitive, very "customer first" in dealing with Ms. Pagsibigan.
To nationalists and socialists in this country -- this is one more proof that economic nationalism, protectionism and anti-global capitalism is wrong. When you limit competition to only one player (monopoly) or two players (duopoly) or a few players (oligopoly), you also limit choice and freedom of the people.
Here now is Ms. Pagsibigan's story, posted in her facebook wall last January 21, 2016, 3:20pm.
1. Mass Media except recording
2. Practice of professions: Engineering, Law, Medicine and allied professions, accountancy, architecture, criminology, chemistry,...
So it is not prohibition on joining the TPP itself, but the TPP provides for goods and services liberalization among member countries. So Filipino multinationals like Jollibee, SM, San Miguel, etc. can easily enter the other TPP member countries but those countries' companies cannot easily enter here.
Meanwhile, I am reposting this well-written piece by a good friend, on Malaysia being a part of the TPP. The photo I got from the web and just added here, not part of the original article.
Wednesday, January 20, 2016
(1)"Professor Bob Carter (74) has been a key figure in the Global Warming debate, doing exactly what good professors ought to do — challenging paradigms, speaking internationally, writing books, newspaper articles, and being invited to give special briefings with Ministers in Parliament. He started work at James Cook University in 1981, served as Head of the Geology Department until 1998, and sometime after that he retired. Since then he’d been an honorary Adjunct Professor.
Climate Tricks 39: Many Attacks on Dr. Willie Soon, He Replied, March 03, 2015
Climate Tricks 48, Denying climate cycles, January 13, 2016