Nearly threeyears in his administration when the PCA ruling was made in mid-July 2016, Duterte making only some noise vs China activities in the area only recently because even PAGASA island itself has being terrorized by so many China communist bullies and 'fishing militias'.
Tuesday, April 30, 2019
Sunday, April 28, 2019
1. Philosophical basis of price control
See also: 3rd PRPX, October 2009, Singapore, October 17, 2009
Friday, April 26, 2019
Thursday, April 25, 2019
Above photo, with Fred Mcmahon of Fraser Institute (Canada) and Peter during the EFN Asia conference 2014 in Hong Kong. Lower photo, with Peter and Grover Norquist of the Americans for Tax Reforms (ATR) during the 4th Pacific Rim Policy Exchange 2010 in Sydney.
Some people ask, "HK is already a free market economy, why do they need a free market institute?" Well, the quick answer is that HK is free marketer enough compared to most economies in the world but it is still under the political jurisdiction of the China communist government. And many of its policies are populist (freebies here and there) and regulations are rising. So I repost here Peter's message, enjoy.
Lion Rock 23, Our “Should” “Must” Society, April 09, 2018
Wednesday, April 24, 2019
In 2005, the Atlas-FNF event was downscaled to a small group one-day RTD on the book of Friedrich Hayek, "The Constitution of Liberty" (1960). It also preceded the two-days EFN Asia conference held in Phuket, Thailand.
In 2006, the Atlas-FNF event was called the "Asia Liberty Forum", it was back to a bigger, one-day conference and again, preceded EFN Asia conference 2006, held in Kuala Lumpur.
In 2007, Atlas stopped co-sponsoring the ALF, so it was the regular EFN Asia conference 2007. I think it was held in Cambodia.
In May 2007, the Americans for Tax Reforms (ATR), its partner Property Rights Alliance (PRA), International Policy Network (IPN, UK) and four other institutes jointly sponsored the first Pacific Rim Policy Exchange (PRPX) held in Honolulu, Hawaii.
This month marked my 15th year involvement in the free market movement. It started when an Atlas staff in the US, Priscilla Tacujan, met me in February or March 2004 in Manila and recommended me to be one of two international fellows from the Philippines (the other one was Ellen Cain of FEF) to undergo one-month training and meetings in the US.
So around mid-2004, I and Ellen went to Midland, Michigan, to attend the Mackinac Leadership Conference. Mackinac President that time was Larry Reed. From Michigan we went to Chicago to attend the Atlas Liberty Forum 2004, also the Heritage Foundation's annual Resource Bank Meeting.
Those were my first exposure to the free market movement. Prior to that, I never knew anyone outside the Philippines who were free marketers.
And I also met Jo Kwong, then Atlas VP for Institute Relations. Jo is cool, aside from the fact that she's an Asian-American. It was Jo who recommended me to participate in ALF 2004-2006.
Then Jo also granted me a travel scholarship to attend the Atlas Liberty Forum 2008 in Atlanta, Georgia, then the Atlas Liberty Forum 2009 (around March) in Los Angeles, California. And finally the Atlas "Tear down the wall" big conference in NYC in November 2009.
In 2010, Jo resigned from Atlas. I also received zero travel grant from Atlas ever since. Perhaps the new team disliked me, hehehe. No problem because other institutes and groups appreciated what I was doing here in Manila and they invited me to various regional and global seminars, meetings. Like the FNF, IPN, ATR, PRA, Heartland, IDEAS, WTA, Lion Rock, Geneva Network, etc. Thank you guys.
Today's issue of BWorld.
http://www.interaksyon.com/ is a sister, online only media of BWorld. My column there was entitled "Fat Free Economics" and my first article was posted on March 8, 2012. My editor then was Arnold Tenorio, http://funwithgovernment.blogspot.com/2012/03/fat-free-econ-1-macroeconomics-for.html
Thank you for the continuing trust, BusinessWorld.
Tuesday, April 23, 2019
Hi environmentalists, planet saviours, tree huggers, fossil fuel haters, subsidize renewables lobbyists, etc. -- your batting average for correct prediction of climate gloom and doom for the past half century is zero. Time to calm down, ok? Cheers
Climate Tricks 76, Greenpeace deception model, December 23, 2018
Monday, April 22, 2019
1. USA. Good mixture of products, it is not highly dependent on just one or two major export products.
2. Japan. Known for exporting cars, buses, tractors, bulldozers, nuke tech.
3. China. There is no graphics shown, only table, here.
4. Germany. Somehow similar to Japan, exporting cars, buses, heavy machineries, nuke tech.
5. Russia. Nearly one half of its total exports are fossil fuel products -- oil, gas, coal.
Now if we go back to the "Trump is Putin puppet" aka "Trump-Russia collusion" hoax, the numbers above would show that it is an idiotic proposition. Russia is too dependent on fossil fuel exports and Trump campaigned to expand the US' fossil fuel exports. Why would Russia support Trump who can potentially cripple their main business? HRC, Obama and the Dems are the closer friends of Russia because of their "save the planet" and "keep oil on the ground" policy, explicit or implicit.
Sunday, April 21, 2019
Saturday, April 20, 2019
1. Indonesia. I think they still retain the oil price subsidy until today although at a lower rate than before. While expensive oil is bad,f subsidized oil can also be bad because people would use more than necessary. Thus, instead of having only one car for the family, get two.
2. Malaysia. Also has oil price subsidy but not as high as those in Indonesia.
3. Vietnam. Perhaps they do not have oil subsidy, and neither distorting the price upwards via oil taxes?
4. Philippines. Distorted oil prices via TRAIN law, part 1 implemented in January 2018, part 2 in January 2019, and part 3 in January 2020. Diesel tax was zero until 2017, P2.50/liter in 2018, P4.50 this year, and P6.00 next year.
5. Thailand. Perhaps no oil subsidy too.