Archive for the ‘economics’ Category
About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian Crisis, I think most of his work…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian Crisis, I think most of his work…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian Crisis, I think most of his work…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian Crisis, I think most of his work…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian Crisis, I think most of his work…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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About an year ago, I helped arrange a lecture by Christopher Lingle on Globalization and Culture. It’s now up on youtube. Among other things, Cris predicts an impending crash in China. He correctly called the last Asian crisis before it happened, so I’…
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Apparently, John McCain’s favorite Joe the Plumber, doesn’t have a plumbing license. My first reaction is : There’s something called a plumbing license?? I invite senators, Obama and McCain to visit Sri Lanka where I will introduce them to Sunil the …
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Paul Krugman has won the Nobel prize for economics. He wins it for trade theory and location theory. I recall Jagdish Bhagwati, himself in the running for the prize for several years mention somewhere that Krugman, who also happens to be his former stu…
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Two silly statements I read today, ”Government will not sell any state owned property under any circumstances” : President ”No state institution will be privatized” : Minister.Let’s forget that 2. for the moment. Why does His Excellency think that t…
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This is how the government intends on spending your taxes. At least partly how it will be spent. We can’t afford the whole thing so the rest will be financed by debt and aid (yes, yes, eventually paid by you). The largest expenditure is for defence, t…
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is very interesting. It resizes the world map according to different criteria. Sri Lanka is really big in a few things:First, number of book published (per million).This was a genuine surprise. And the annual rate of forest depletion :And not so surpri…
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Because he says things like this :From Parliament of Whores (1991) Giving money and power to government is like giving whiskey and car keys to teenage boys.The whole idea of our government is this: If enough people get together and act in concert, th…
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There is a financial crisis in the U.S. and we are hearing the same old silly arguments. Apparently, in the last few weeks capitalism has collapsed, Bush has become a socialist and it’s all the fault of the World Bank and the IMF. If you belive any of …
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In as early as 2003, someone had the wisdom to see what was coming. Who said the following? One of the major government privileges granted to GSEs is a line of credit with the United States Treasury. According to some estimates, the line of credit may…
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Emailing me about to my last post, a reader asks me whether I know any Austrian economists in Sri Lanka.Personally, I don’t. I’m pretty sure it’s not taught in any university. I’d say the popular Sri Lankan business portal LBO has Austrian leanings, e…
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Foundation for Economic Education has put up podcasts of its seminar on Austrian Economics. Sri Lankans might find the two podcasts on monetary equilibrium and costs of inflation interesting. You’d need some background in economics and at least some fa…
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Finally, it dawned on me why they call Mihin Lanka a “budget airline”. From LBO:Sept 11, 2008 (LBO) - Sri Lanka’s troubled state-run budget carrier Mihin Air is to ask for another three billion rupees in peoples’ money in the next budget to revive oper…
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Finally, there’s some good news on the reform front :Sri Lanka has been rated the top South Asian reformer in an annual business regulation study by the World Bank group, with a new company law and credit information improvements boosting its scores. […
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Partnhe Wali Gali, Old Delhi. Pic Courtesy: Krishna 1951 Lanka Reviewed has a post on my favorite street food joint in Colombo, “Burger King” in Malay street. Here’s a brief about the setting from LR,Mr Burger King is imaginatively located in Colombo 2…
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The museum of Communism in Prague. The entrance is through McDonald’s. (A pic by udijw)The Rajapakse Administration won, despite some irregularities, a genuine victory over the UNP in the recent provincial council elections. Perhaps the most exciting…
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Scot Adams makes the case. (yes, he’s the guy who created Dilbert, but he majored in economics in college and nowadays runs a stellar blog). Scott writes,If a weather expert tells you what the weather will be on a specific day next year, you can safe…
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I am in London stuck in a 12 hour transit, catching up on some reading I’ve missed during the last couple of weeks. There’s a bunch of people I know in the city, but the immigration chaps won’t let me go out, because, I’m um, Sri Lankan. In any case, n…
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This is probably not as a result of my earlier post on the subject, but ST economist’s column today addresses the question I posed about an earlier column.
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(Pic courtesy: The Daily Mirror)In view of the SAARC summit, the Sri Lankan government decided to demolish the homes of a bunch of poor people living in ‘unauthorized dwellings’. Apparently aesthetics are more important for the government than life and…
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We have had lots of nutty regulations recently. But there’s room for comfort, at least Sri Lanka is not the only place with nutty regulations. Here’s a peanut packet from the U.S:The packaging says : produced in a factory producing peanuts and other n…
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Ajay Shah has yet another article on India’s inflation. Here’s an important one-liner,Professional economists agree with professional politicians on the importance of low inflation.I think that sums up the case for inflation targeting.I have previously…
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For the past few years, despite high inflation, despite the war, there’s one statistic that the government had been harping about — Sri Lanka’s GDP growth has managed to hover at around 7%.Writing for her regular column in the DM Financial Times, Anil…
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Recently, Sri Lanka’s government decided to impose severe restrictions on the use of mobile phones citing ‘Security reasons’. Anything fly in Sri Lanka these days, if you say ‘national security’.The regulation dictates that all Sri Lankans must carry a…
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Cato’s Johan Norberg has a detailed rebuttal on Naomi Klein’s superficial claims about Milton Friedman and free-market policies made in her book, The shock doctrine. Here’s a video of Norberg explaining how Ms Klein misrepresents what Friedman said: Al…
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