Review - Charmaine Tan Huan Yuen
A pioneer’s account of the paradigm shift in economics offers compelling insights for the contemporary scholar and practitioner alike.
Review - He Ruimin
Review of Paul Krugman's The Return of Depression Economics and the Crisis of 2008 and Martin Wolf's Fixing Global Finance
Review - Tan Yeling
An understanding of how human biases affect economic decision-making can significantly improve the design of public policy. A new book authored by Singapore’s policymakers explains.
Opinion - Robert H. Frank
Cornell Professor of Economics Robert Frank believes a progressive consumption tax could cut down wasteful competitive spending without compromising public resources.
Article - Anthony T. H. Chin
While the economic costs of traffic congestion are well documented, the effectiveness of economic instruments, such as road pricing, in containing traffic congestion is less clear. Prospect Theory, a leading behavioural model in experimental economics, may explain inelastic driver behaviour in response to road pricing during peak hours. It may also shed light on the phenomenon of consumers who continue driving despite its higher economic cost relative to other modes of transport.
Opinion - Dodo J. Thampapillai
Following the 2006 Stern report, global warming, climate change and the scarcity of basic resources have become dominant themes in policy forums concerning sustainable development.
Interview - Bart Wilson, Stephen Rassenti, Vernon L. Smith
A discussion with Professors Vernon L. Smith, Stephen Rassenti and Bart Wilson
Article - Bryan Caplan
Economist Bryan Caplan, noted for his insights on public choice, visited Singapore in November 2008. His observations address how “economically efficient, but politically unpopular” policies might successfully be carried through a democratic system, and sheds light on the environment in which public policy is made and implemented in Singapore.