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February 2019
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Wall Street Journal (December 4)

2018/ 12/ 05 by jd in Global News

“A carbon tax is in theory a more efficient way than regulation to reduce carbon emissions. But after decades of global conferences, forests of reports, dire television documentaries, celebrity appeals, school-curriculum overhauls and media bludgeoning, voters don’t believe that climate change justifies policies that would raise their cost of living and hurt the economy.”


The Economist (August 11)

2018/ 08/ 13 by jd in Global News

“Today’s tax systems are not only marred by the bewildering complexity and loopholes that have always afflicted taxation; they are also outdated. That makes them less efficient, more unfair and more likely to conflict with a government’s priorities. The world needs to remake tax systems so that they are fit for the 21st century.”


The Economist (January 2)

2017/ 02/ 03 by jd in Global News

“India is taking the idea of a universal basic income seriously.” Few expect the current proposal, which “would cut absolute poverty from 22% to less than 0.5%” with a proposed annual income of slightly over $110 income, to be adopted soon, but “the idea will not go away. It may seem folly in a country home to over a quarter of the world’s truly poor to give people money for nothing. But it would be a swift, efficient way to make it home to far fewer of them.”


Financial Times (November 8)

2016/ 11/ 09 by jd in Global News

Stung by the strong yen, over 100 TOPIX-listed manufacturers have issued profit warnings. Conventional cost cutting is no longer doing the trick. “After decades of building plants overseas and trying to make production leaner and more efficient to address the currency vulnerability, analysts say Japanese companies are facing a sobering reality: the urgency to sell underperforming businesses and join hands with rivals to survive brutal market conditions.”


Bloomberg (August 6)

2015/ 08/ 07 by jd in Global News

“Efficient and incorruptible as the government has been, though, it would benefit from a bit more dissent.” As Singapore turns 50, the biggest danger is groupthink. “After 50 years of ceaseless striving, Singapore can afford to relax just a little. If it wants to keep amazing the world, and to extend its miracle into a new era, it may have to do just that.”


The Economist (September 6)

2014/ 09/ 07 by jd in Global News

“Connected cars will make driving safer, cleaner and more efficient. Their introduction should be speeded up.”