Posts

Showing posts with the label Low Donald

Bar Joke

Weekly column written for the Singapore Unbound newsletter. Sign up here . A sociologist, a political scientist, a media studies professor, and two economists meet in a webinar to talk about Singapore beyond the pandemic. The sociologist emphasizes the social inequities surfaced by the pandemic. The political scientist urges a mindset change from profit calculation to moral reasoning in the formulation of public policy. The media studies professor warns of the dangers of fanning nationalistic rhetoric. One of the two economists argues that efficiency pursued to the detriment of social justice actually becomes inefficient. The other economist wants Singapore to change its input-based development model because it has not been working for the country for years before the present crisis. Although the webinar is not about hawker food or getting ahead in school, it attracts scores of people, partly because the speakers have strong social-media followings, and partly because it is so refr...

Hard Choices: Challenging the Singapore Consensus

A thought-provoking set of essays. The main writer Donald Low is persuasive about how widening income inequality in Singapore is destroying the social compact between the government and the people. He argues for income redistribution and the strengthening of social nets, and against the shibboleths that stand in the way, such as elite belief in trickle-down economics, moral hazard, and decreased global competitiveness. He wants policy-makers to look hard at the empirical evidence, instead of being confirmed in their prejudices by past experience raised to the status of ideology. Low is particularly good at using insights from cognitive research to explain why the governing elite is so slow to adapt to a fast-changing environment. His reliance on such findings is telling. He mainly believes that governmental failure is primarily a failure in thinking. Correct the thinker, and he will correct his policies and processes. At one point, Low assures the reader that the governing elite that...